197k views
5 votes
A __________ is calculated as a flat percentage of income earned, regardless of level of income.

User JakeSays
by
7.4k points

1 Answer

4 votes
A PROGRESSIVE TAX is calculated as a flat percentage.................  A progressive tax is a type of tax in which tax rate increases as the level of taxable income increases. This tax system is based on the idea that the more a person earns, the more he should pay in tax in order to reduce the inequality in the society.
User Kharla
by
7.5k points

No related questions found