A flat-tax on all personal income would be an example of
A)a regressive tax.
B)a progressive tax.
C)a value added tax.
D)a proportional tax.

Question

Quizplus · Accepted Answer

A flat-tax is a proportional tax, as it applies the same tax rate to all levels of income. A regressive tax would unfairly burden lower-income individuals, while a progressive tax would have a higher tax rate for those with higher incomes. A value-added tax is a type of consumption tax.

A Flat-Tax on All Personal Income Would Be an Example