What is the justification of the progressive taxation method?

Question:

What is the justification of the progressive taxation method?

Progressive Tax:

The progressive taxation method is a tax system where the rate you are taxed increases with your income. Under a progressive tax system, a person making more money is taxed at a higher percentage than someone who makes less money than them. The United States uses a progressive tax system today. Do you think this is fair? When it was first introduced, there were many arguments for and against this taxation method.

Answer and Explanation:

Those in favor of this method say that the progressive taxation method is best because it creates more equality. First, money is redistributed from...

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Progressive Tax System: Definition, Pros & Cons

from Business Law: Help and Review

Chapter 23 / Lesson 21
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