![]() The simplicity of the system makes it calculable for anyone and creates transparency within the system. The concept facilitates fast tax reporting and also a fast and simple auditing process, which saves time and money for all stakeholders. This paper introduces a concept for a simple progressive taxation system, which enables citizens, the economy and the state to save significant amounts of money by decreasing the time invested in administering the taxation process. Keywords: taxation flat tax progressive tax taxation efficiencyĬomplicated taxation systems do not only lead to a significant increase in administrative costs for all parties involved, but they can also lead to unjustified tax exemptions and loopholes. The analysis in the paper shows that the core advantage of the system is its simple, transparent and adaptable mechanism. It is a progressive tax that does not discriminate against anyone as the progression increases continuously and the increase in tax payment does not go beyond the additional income. The system contributes to academic discussions as it is a novel approach. The system is based on two adaptations of one easily calculable formula that is based on the societal average income of the previous year. 3.1 The theoretical model of the simple progressive taxĪbstract This paper is a first theoretical presentation of a simple progressive taxation system.
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