FT MarketWatch

Proportional tax

A system in which all levels of income are taxed at the same rate. also called Flat tax.

Related Terms: 5 Call, Flat, Flat tax, Inc., Tax
Other Related Pages: Category: Taxes Starting With: P
Additional Related Terms: Accelerated Cost Recovery System, Adjustable rate, Accrual of discount, After-tax basis, Amortization of premium, At par, All or any part, At best, At call, Automated Order Entry System