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Which of the following statements are correct regarding a flat tax? ( Check all that apply. ) A flat tax is a single tax rate
Which of the following statements are correct regarding a flat tax? Check all that apply.
A flat tax is a single tax rate applied to an entire tax base.
With a flat tax, different portions of a tax base may be taxed at different rates.
With a flat tax, higher income brackets will be assessed at a higher tax rate than lower income brackets.
The term graduated tax has the same meaning as flat tax.
The term proportiofl tax has the same meaning as flat tax.
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