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Economics A Level (DONEEEEEEE)

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Pregunta:

What are the Advantages and Disadvantages of a Flat Tax?

Autor: eric_galvao



Respuesta:

-Supporters argue that it can Simplify the Tax System, therefore Reducing the Incentive to Evade and Avoid Payment and Increases the Incentive to Earn More -But this can bring Less Tax Overall and there is no Vertical Equity. It could be made Progressive if there was a Tax Free Allowance - Where no Tax is Paid until a Certain Income is Reached


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