Exhibit 14-1
-If the average tax rate is the same for all levels of income, the tax is called a

Name: Exhibit 14-1 -If the average tax rate is the same for all levels of income, the tax is called a
Brand: Quizplus
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Question

Exhibit 14-1 
-If the average tax rate is the same for all levels of income, the tax is called a

Quizplus · Accepted Answer

A proportional tax is one in which the average tax rate is the same for all levels of income. This means that everyone pays the same percentage of their income in taxes, regardless of how much they make.

Exhibit 14-1 -If the Average Tax Rate Is the Same for All