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What tax takes the same percentage of income from everyone regardless of their earnings?
Wiki User
∙ 13y ago
That is called a flat tax system.
Wiki User
∙ 13y ago
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What taxes takes the same percentage of income from everyone regardless of their earnings?
A flat tax.
What taxes take the same percentage of income from everyone regardless of their earnings?
flat tax, poll tax, head tax, sales tax
A taxation strategy where everyone pays the same percentage amount regardless of income is a strategy called what?
The so-called Flat Tax.
Major source of income for the national government?
Is that the income levied on individual earnings.
Does welfare count as income for tax purposes?
Yes, as it replaces earnings.
Tax takes the same percentage of income from everyone regardless of their earnings?
Fair tax
What taxes takes the same percentage of income from everyone regardless of their earnings?
A flat tax.
What taxes take the same percentage of income from everyone regardless of their earnings?
flat tax, poll tax, head tax, sales tax
Is a flat tax propertional tax?
Yes. It takes an equal percentage from everyone's income regardless of wealth.
The ratio percentage of earnings retained is the same as that termed?
This year's retained earnings to net income.
Tax that takes a percentage of a person's earnings?
Income Tax
A taxation strategy where everyone pays the same percentage amount regardless of income is a strategy called what?
The so-called Flat Tax.
What is the maximum amount of personal income tax in the US that has to be paid?
There is no maximum. Earnings above a certain amount (after deductions) are taxes at a fixed percentage rate..that will not change regardless of how much is earned.
What percentage of net income from self employment earnings can you deduct?
None. Net income is after deducting expenses.
What is a taxation strategy where everyone pays the same dollar amount regardless of income?
A taxation strategy where everyone pays the same dollar amount regardless of income is a?
What are tax rates in which the percentage of tax is the same regardless of the level of income?
Tax rates in which the percentage of tax is the same regardless of the level of income is most likely a proportional tax. This is sometimes also referred to as a flat tax.
A taxation strategy where everyone pays the same amount regardless of income?
Flat tax has no regard to income. Graduated tax is related to income.
