![]() This means that no matter how much of an annual income you make, whether it be $20,000 or $200,000, everyone pays the same amount in taxes. Flat tax is another way to say proportional tax and a Flat Tax system is a system in which the same percentage of income is taken from everyone. ![]() For example, with progressive tax, people with the lowest incomes will pay 10% in taxes, those with the largest incomes would pay about 30%, and the middle class would pay somewhere in the middle. Those who have low incomes do not have as high tax percentage to pay because progressive tax is based on ability to pay. In a Progressive Tax system, a larger percentage of income is taken from those who are wealthy or have a large annual income, in taxes. ![]() The system used in Progressive Tax however, many people believe the system of Flat Tax, or Proportional Tax, should be the system that is used for taxing. The United States uses a taxation system which is criticized by many. There are many taxes that are placed on different things that everyone needs or already has. One way in which the government gains money is by imposing taxes on people. The United States economy, as known by all, is not in its best shape.
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