proportional taxis where whatever the size of
PROPORTIONAL TAX
Is where whatever the size of income, the same rate or same percentage is charged. Examples are commodity taxes like customs, excise duties and sales tax.
Its advantage is that it's much simpler than progressive taxation.
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advantagesa they are less costly to administer because the producers and sellers themselves deposit them with the governmentb if levied on goods with
progressive taxa progressive income tax system is one where the higher the income the greater the proportion paid in taxes this is effected by
advantagesa it is more equitable the broader shoulders are asked to carry the heavier
disadvantagesthe effect on incentiveshigh progressive tax makes work and extra effort become less valuablethe effect on the willingness to accept
proportional taxis where whatever the size of income the same rate or same percentage is charged examples are commodity taxes like customs excise
regressive taxa tax is said to be regressive when its burden falls more heavily on the poor than on the rich no civilized government imposes
digressive taxa tax is called digressive when the higher incomes do not make a due contribution or when the burden imposed on them is relatively
questionq1 what is wrong with each of the following attempts to write an electron configuration justify your answer with suitable
economic effects of taxationa a deterrent to workheavy direct taxation especially when closely linked to current earnings can act as a serious
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