proportional tax

Definition of "proportional tax"
  1. A charge levied by the government at a fixed rate from all income brackets
How to use "proportional tax" in a sentence
  1. The introduction of the proportional tax caused mixed reactions in society.
  2. Some argue that a proportional tax system is fairer than a progressive one.
  3. The countries with a proportional tax system tend to attract more businesses.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z