The Flat Tax

Taxation is always a big controversy. Like other large companies, the government aims to increase revenues. The easiest and fair way is to tax people. However, people's taxes are often a problem. The current US tax system has several drawbacks. First of all, it is very complicated. It consists of various variables that may create vulnerabilities. Due to these vulnerabilities, it is possible that two families with the same income will pay a completely different tax rate.

Fixed tax: A single tax rate, also called a proportional tax, applies a certain marginal tax rate regardless of the taxable amount. Like some states in the US, tax rates for many countries around the world are unified. In the US Medicare tax was a fixed tax until additional Medicare tax was imposed on high income. Depending on your requirements, certain taxes may be classified in more than one of these categories. For example, a state sales tax, regardless of how much you earn, whatever you purchase, all pay the same tax rate, so you can regard it as a type of fixed tax. On the other hand, it can also be regarded as a regression tax, as low-income earners tend to spend more as a proportion of their income than wealthy individuals.

A fixed tax (abbreviation for flat rate tax) is a tax system with a certain marginal tax rate, which is usually applied to individual or company income. True single tax is proportional tax, but depending on tax base deduction or exemption, introduction is often done in phases, and in some cases it will be reduced. Even though they are very different, there are various tax systems marked as "single tax". If deduction is allowed, "single tax" is progressive tax, and if it exceeds the maximum deduction amount, the marginal tax rate of all subsequent income will be constant. It is said that this tax is a little over this point. Recognizing that both taxes are equal to taxable income since the difference between a true single tax and a slightly flat tax excludes certain types of income from the latter being simply defined as taxable income You can adjust by doing.

Bond tax is a tax system corresponding to the marginal tax rate of tax revenue (tax rate per dollar). A true single tax is a proportional tax (all pay the same tax), but in practice the implementation is usually moderate (more income, more payment), in some cases a recession (more income, Depending on deduction, exemption, and general vulnerability, the amount paid will be less.Pure proportional tax is called "true single tax" and the other is called "modified single tax." Progressive Income Tax Is a tax that increases as tax rates increase with taxable income The term "progressive" changes from a low to a high tax rate so that the average tax rate of the taxpayer is lower than the personal marginal tax rate To reduce tax burden on people with low paying ability, introduce gradual taxes to improve payment capacity