0 a tax rate that is the same for everyone, whether the person’s income is high or low --
1 a tax rate that is the same for everyone, whether the person’s income is high or low --
2 a tax that is paid at a single rate at all levels of income: --
The government has introduced a 19% flat tax for both corporate and personal income.
Instead of taxing with the personal tax rate of taxpayers, their income regardless of their height is taxed with the flat tax rate of 25%.
They proposed dollarizing the economy, establishing a flat tax and shrinking the size of government.
This was a flat tax, a levy on production with a maximum rate of one percent.
This sort of tax is the most regressive of all, because it is a flat tax on something consumed in greater proportion by the poorer people.
It is a flat tax placed upon each lb.
Few of the so-called 'flat tax' proposals floated in recent years would impose true proportionate taxation, as they exempt lower, and in some cases lower-middle, income taxpayers from taxation entirely.
So a flat tax rate of $200/kg induces some firms to abate by using high-quality low-ash coal and induces others to operate as before the tax imposition.
The emissions standards have to be firm-specific as firms differ, whereas the emissions tax can be a flat tax across plants.