Progressive tax

About

A progressive tax is one in which the marginal tax rate increases as income goes up. This has the beneficial effect of putting the heaviest taxation load on that income which is most disposable.

Progressive taxation is often opposed by those who favor a flat tax (e.g. the FAIR Tax often proposed by dysconservatives and marketists) because it is "more fair" – but in fact, it unfairly requires those with less money to give up a share of their income equal to the share given up by those who have far more to spare.

This is a growing seedling article. You can help Issuepedia by watering it.