Asked by Stephanie Springstroh on May 07, 2024
Verified
Refer to Table 12-10. Which plan illustrates a proportional tax?
Proportional Tax
A taxation framework where the same rate is consistently applied to everyone, with no variation based on the amount of income.
- Recognize the optimal taxation systems and provide explanations for their superiority.
Verified Answer
MB
Melissa BrownMay 07, 2024
Final Answer :
Plan B illustrates a proportional tax because taxpayers pay 15 percent of their income in taxes, regardless of how much money they earn.
Learning Objectives
- Recognize the optimal taxation systems and provide explanations for their superiority.