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Define proportional tax and show it graphically. - Economics

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Questions

Define proportional tax and show it graphically.

Define proportional tax.

Definition
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Solution

A tax is called proportional when the rate of taxation remains the same as the income of the taxpayer increases.

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Chapter 16: Fiscal Policy - TEST YOURSELF QUESTIONS [Page 325]

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Frank Economics [English] Class 12 ISC
Chapter 16 Fiscal Policy
TEST YOURSELF QUESTIONS | Q 16. | Page 325
Frank Economics [English] Class 12 ISC
Chapter 16 Fiscal Policy
TEST YOURSELF QUESTIONS | Q 2. b | Page 236
R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 29 Fiscal Policy
EXAMINATION CORNER | Q 6. | Page 29.14
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