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A tax sytem is used to help fund public projects and help pay for the government.

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How does the UK tax system different from the Sierra Leone tax system?

briefly explain the tax system of Sierra Leone


How does the UK tax system different from the Sierra Leone tax system.?

briefly explain the tax system of Sierra Leone


What is proportional tax system?

The proportional tax system refers to the same percentage of tax regardless of the taxpayer's earnings. Proportional tax is also called as a flat tax.


When a tax system is referred to as being neutral it implies that?

tax system is fair


What is Proportional System?

The proportional tax system refers to the same percentage of tax regardless of the taxpayer's earnings. Proportional tax is also called as a flat tax.


Principles of a good tax system?

The principles of good tax system is that it is efficient, understandable and equitable. The benefit principle is also another principle of a good tax system.


What are the function of toll tax?

The purpose of this tax is to invest this collected money to improve the condition of roads.


What countries currently use flat tax system?

As of October 2023, several countries employ a flat tax system, where a single tax rate is applied to all income levels. Notable examples include Estonia, Latvia, and Lithuania in Europe, as well as countries like Russia and Hungary. Additionally, some jurisdictions, such as certain states in the United States like Texas and Florida, have no state income tax, which can function similarly to a flat tax approach. These systems aim to simplify tax administration and encourage economic growth.


What type of function includes a function system not a structural system?

you


A tax charges the same percentage regardless of other factors?

A flat tax system. A Proportional tax system is one that takes more as you earn more.


The United States Federal income tax system is?

what department was created to police U.S income tax system?


What is the tax stratagy where the consumer pays a higher tax rate as income increases?

a "progressive tax" A "progressive" tax system. == ==