Principles of Taxation

Chapter 4

Basic Concepts of Taxation

Tax Base

  • The tax base is the measure or value upon which a tax is levied.

Proportional Tax

  • A proportional tax is a tax whose burden is the same proportion of income for all households.

Progressive Tax

  • A progressive tax is a tax whose burden, expressed as a percentage of income, increases as income increases. @2014-2020 All rights reserved
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