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Flat taxation

From dKosopedia

Flat taxation is a taxation system where all taxpayers pay an equal percentage of their income. This system does not increase or decrease the wealth gap between rich or poor, because the amount of money a taxpayer pays is directly porportional to the taxpayer's income.

Other taxation systems include progressive taxation and regressive taxation.

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This page was last modified 02:48, 27 April 2007 by dKosopedia user L'Shalom. Content is available under the terms of the GNU Free Documentation License.


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