The Name of the Class
The Name of the School The City and State A progressive taxation template/framework In a progressive tax system, the rich people are taxed more than the poor people. Progressive tax promotes equality in the society because it requires those with more money to remit more taxes while those with less to pay low tax rates. The notion behind this tax is an individual’s ability to pay. The tax rates go up as income increases, and this helps to balance the burden among all groups of taxpayers (The Policy Institute, 2012pg.3).Thosethatearnhighincome are thegreatestbeneficiaries of goodroads, publichospitals, schoolsandallotherinfrastructures that Continue reading...
