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You are here: Home / Potpourri / Economics 101: Lump-sum Tax

Economics 101: Lump-sum Tax

Economics 101: Lump-sum Tax

[This is part of the series: The Complete Guide To Economics 101.]

What is defined as a lump-sum tax?

A Lump-sum Tax is a tax where each person pays the same amount.

An example might be a poll tax.

If there were a poll tax, each person that wanted to vote would have to pay a fee: Say $5.

The $5 fee would be the same for each person, regardless of income, wealth, property, etc.

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Filed Under: PotpourriTagged With: #Economics101

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