Both sales tax and flat tax are a fixed percentage.
For example, Slovakia - 19% flat tax rate (Corporate income tax, Personal income tax, and Value-Added Tax)
Sales tax
A flat tax is one that does not vary. It has a constant marginal rate and is usually utilized by individual or corporate income.
A proportional income tax on individual income with no regard to how large your income is
flat tax
Both sales tax and flat tax are a fixed percentage.
The tax payers who would normally pay a higher rate than the flat tax rate. With a flat tax, it sure would be easier for the tax commission and IRS to review tax returns.
Illinois has a flat tax for individual income.
flat income tax
For example, Slovakia - 19% flat tax rate (Corporate income tax, Personal income tax, and Value-Added Tax)
Sales tax
proportional tax
Daniel Mitchell has written: 'The Flat Tax' -- subject(s): Income tax, Flat-rate income tax
A flat tax is one that does not vary. It has a constant marginal rate and is usually utilized by individual or corporate income.
Jack was up all night in his flat, working out his tax return.
proportional tax or flat tax