Ask Question
12 October, 16:10

5. The flat tax

a. shifts the burden of taxes to businesses.

b. would complicate tax filing for most individuals

C. departs from ability-to-pay principle of taxation

+4
Answers (1)
  1. 12 October, 16:23
    0
    Answer:A flat tax is a tax system with a constant marginal rate, usually applied to individual or corporate income. A true flat tax would be a proportional tax, but implementations are often progressive and sometimes regressive depending on deductions and exemptions in the tax base

    Explanation:

    A flat tax (short for flat-rate tax) is a tax system with a constant marginal rate, usually applied to individual or corporate income. A true flat tax would be a proportional tax, but implementations are often progressive and sometimes regressive depending on deductions and exemptions in the tax base. There are various tax systems that are labeled "flat tax" even though they are significantly different.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “5. The flat tax a. shifts the burden of taxes to businesses. b. would complicate tax filing for most individuals C. departs from ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers