PROGRESSIVE TAX POLICY
Topic 6 DQ 2
Choose a particular tax policy that is in place or could be proposed. Explain why this tax policy is a good thing or not. Give specific details on the implications of such a policy.
Answer previewThe progressive tax policy is pivotal in the United States (US) tax system. The progressive tax aims at creating a tax situation where each household pays a fair share of the compulsory government tax imposed on all income earners. While there have been instances when the system proved counterproductive, I believe that the pros far outweigh the cons to make progressive tax the most suitable…
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