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The _________ rate is usually applied uniformly throughout a community regardless of a taxpayer's ability to pay.

1 Answer

7 votes

The correct answer is flat tax rate

A flat tax applies a single uniform rate to all incomes above a certain level. Very limited exemptions if any are allowed. Its advantage is that it discourages schemes for tax avoidance or evasion as paying taxes and filing income taxes is a lot easier. However, it disproportionately benefits the rich


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User William Dwyer
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