A flat-rate income tax is a proportional tax on an income base.
Correct Answer:
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Q2: For a proportional tax, the marginal tax
Q3: Tax avoidance is an illegal activity in
Q4: If horizontal equity is achieved in taxation,
A)vertical
Q5: The user charge for a congestible public
Q6: A flat income tax is an example
Q8: An increase in marginal tax rates is
Q9: Horizontal equity is achieved when individuals of
Q10: According to the benefit principle,
A)taxes should be
Q11: Tax evasion would be less of a
Q12: The federal government finances only half of
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