Which statement best describes a proportional tax? (1 point)

Question

• a tax that places levels of income into brackets
• a tax where all levels of yearly income are taxed at the same rate
• a tax on consumable goods or services such as gasoline
• a tax where lower-income earners are charged at a higher rate

Answer 1

The statement that best describes a proportional tax is: a tax where all levels of yearly income are taxed at the same rate.