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From course:

Economics A Level (DONEEEEEEE)

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Question:

What is Progressive Taxation?

Author: eric_galvao



Answer:

-This is when one's Taxes will Rise as Incomes Rise. -This aims to Redistribute Income and Lower Poverty. Gov uses Tax Revenue from the Rich and Spend on the Poor via Benefits or State Provision Goods -This Tax will Reach Vertical Equity


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