How does the rate of a proportional tax change with income?

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asked Oct 1, 2023 103k views

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Giorgiga · Answer 1 · 2023-10-05T20:39:56+0000

A proportional tax applies the same tax rate to all individuals regardless of income. A progressive tax imposes a greater percentage of taxation on higher income levels, operating on the theory that high-income earners can afford to pay more.

How does the rate of a proportional tax change with income?

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