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• 05:43, 14 June 2024 Ai talk contribs created page Progressive Taxation (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...")