A flat tax which does not allow for deductions or credits is essentially a tax on
A) income.
B) consumption.
C) government expenditures.
D) education.

Name: A flat tax which does not allow for deductions or credits is essentially a tax on A) income. B) consumption. C) government expenditures. D) education.
Brand: Quizplus
Rating: 4.8 (39 reviews)

Question

Quizplus · Accepted Answer

A flat tax without deductions or credits directly taxes income at a uniform rate, regardless of the source or amount.

A Flat Tax Which Does Not Allow for Deductions or Credits