Principles of taxation - proportionality and progressively
3 important questions on Principles of taxation - proportionality and progressively
A tax system is promoting .... in society
equity
A argument for progressively and proportionality, Why is stability important in a tax system
a stable tax system generates more tax revenue
Progressive taxation knows two important factors
- The poor can benefit through public spending by government
- The poor are taxed less as compared to the rich, They can save or invest more.
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