4 A horizontal income tax schedule is known as A a flat inco

4. A horizontal income tax schedule is known as A. a flat income tax B. a regressive tax. C. a Corlett-Hague rule. D. a user fee

Solution

Under horizontal income tax struccture the perosns with same level of income/welath will be charged same level of tax. The tax rate remain same.

Its another name is flat income tax.