Taxes are levied by multiplying a tax rate by a tax base (the rate of tax by the amount taxed). Now that you have studied some of the rates and bases for income tax etc., think carefully about the following definitions.

Progressive: The tax rate increases as the tax base increases.

Proportional: The tax rate remains the same regardless of the tax base.

Regressive: The tax rate decreases as the tax base increases.

Marginal tax is the proportion of tax paid on the next dollar of income.

Average tax rate is the percentage of total tax paid on the amount of taxable income.

Considering your current knowledge and experience, which method (Progressive, Proportional, or Regressive) would you recommend as the Fairest of Tax Structures for individual income taxes.

Your response should not necessarily give the best result for you individually at this time of your economic life, but should give that tax structure which you believe would be the most fair or equitable for a nation.

 Answer the followings

Does your recommendation define and properly use the appropriate terms as part of the discussion on tax structure?

Does your recommendation explain or defend your choice by comparing or contrasting different methods of tax structure?

Does your recommendation make a definitive stand, position, or conclusion of the Fairest Tax Structure?