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  • Tax Systems Briefly

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    Ali Raychouni
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    The document discusses three different tax systems: a proportional tax system where everyone pays the same tax rate regardless of income; a regressive sales tax system where the tax burden decreases as income increases; and a progressive tax system where higher income earners pay a larger fraction of their income in taxes compared to lower income earners, with tax rates changing depending on income level.

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    The document discusses three different tax systems: a proportional tax system where everyone pays the same tax rate regardless of income; a regressive sales tax system where the tax burden decreases as income increases; and a progressive tax system where higher income earners pay a larger fraction of their income in taxes compared to lower income earners, with tax rates changing depending on income level.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    7 views2 pages

    Tax Systems Briefly

    Uploaded by

    Ali Raychouni
    The document discusses three different tax systems: a proportional tax system where everyone pays the same tax rate regardless of income; a regressive sales tax system where the tax burden decreases as income increases; and a progressive tax system where higher income earners pay a larger fraction of their income in taxes compared to lower income earners, with tax rates changing depending on income level.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 2

    Proportional Tax system: also known as Flat tax, the tax rate is always the same for all

    people

    All pay the same fraction of the taxes.

    Sales Tax, Regressive Tax System: People with different incomes needs to pay the same
    fixed money amount.

    Burden decreases as income increases. High income earners to pay less.

    Progressive Tax System requires income taxpayers to pay a larger fraction of their income
    than taxpayers with a lower income. The Tax rate changes depending on the income.

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