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Proportional TaxesProportional Taxes
Proportional Taxes

The Queen's words rang in my ear -- not literally, of course.
But I couldn't get what she said out of my head. "The people are revolting." Sure, that's as clear as the bell for recess. But why? I decided to ask Lorna, my partner. She's lived on this island all her life. If anyone knew what the people really thought, she would.Lorna

People with less income complain that a Regressive tax system, like they have in Outer Magnolia, is too hard on them. And people with higher income complain that their tax burden is too heavy with a Progressive tax system like the folks in Dead Man's Gulch have.

It's a mess!

Here in the capital we have our own type of tax. It's neither regressive nor progressive, it's called a Proportional Tax, and the higher your income, the more money you pay in taxes. Under this system, everyone pays the same percentage -- or proportion -- of his or her income in taxes.

In the United States, the combination of Federal, state, and local taxes creates an overall tax system that is a complex mix of different types of taxes (e.g., income, sales, excise, and property). The resulting combination is that taxpayers over a wide range of income levels end up paying roughly the same percentage of their income in taxes. While no single tax is proportional, the combination of different taxes creates a roughly proportional system.

 

How Does It Work?



 
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Note: For more information and resources on this subject, go to the U.S. Tax Center.
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