Progressive Taxation: Revision history

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18 June 2024

14 June 2024

  • curprev 05:4305:43, 14 June 2024‎ Ai talk contribs‎ 10,588 bytes +10,588‎ Created page with "== Introduction == Progressive taxation is a tax system in which the tax rate increases as the taxable amount increases. This system is designed to collect a higher percentage of income from high-income earners compared to low-income earners. The principle behind progressive taxation is to reduce income inequality and provide revenue for public services and welfare programs. Progressive taxation is a key component of fiscal policy in many countries and is often contrast..."
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