Review:
Proportional Taxation
overall review score: 4.2
⭐⭐⭐⭐⭐
score is between 0 and 5
Proportional taxation is a tax system in which the tax rate remains constant as the taxable base increases.
Key Features
- Tax rate remains constant
- Tax burden increases proportionally with income
Pros
- Simplicity in application
- Fairness in treating all taxpayers equally
Cons
- May be seen as regressive for lower-income individuals
- Does not take into account ability to pay