Which of the following is the best example of a proportional tax?
A) All persons,regardless of income,pay a 5 percent tax on the purchase of goods and services.
B) All persons,regardless of income,pay the same amount of money in taxes.
C) All persons,regardless of income,pay the same percentage of their income in taxes.
D) Half the taxpayers pay nothing and the other half pay 25 percent.
E) All persons pay taxes according to their total income level.
Correct Answer:
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