proportional tax, sometimes referred to as a flat tax, is a kind of income tax wherein all taxpayers are taxed at the same percentage rate, no matter how high or low their income. A proportional tax system means that everyone experiences the same tax rate, whether low, middle, or high-income. Those who support a proportional tax argue that the system is fairest because the rules are simple and straightforward and no one is exempt; however, there is a  huge con of proprtional taxes.  Explain what that is.

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Chapter11: Fiscal Policy And The Federal Budget
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A proportional tax, sometimes referred to as a flat tax, is a kind of income tax wherein all taxpayers are taxed at the same percentage rate, no matter how high or low their income. A proportional tax system means that everyone experiences the same tax rate, whether low, middle, or high-income.

Those who support a proportional tax argue that the system is fairest because the rules are simple and straightforward and no one is exempt; however, there is a  huge con of proprtional taxes.  Explain what that is.

 

 

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