Advertisements
Advertisements
प्रश्न
Which one is better progressive or regressive taxation and why?
Advertisements
उत्तर
- Progressive taxation is typically thought to be more effective in achieving social equity and fairness. This is because progressive taxes impose a greater burden on those with the financial means to contribute more, decreasing the gap between the rich and the poor. Progressive taxation is considered more equitable.
- In contrast, regressive taxes can worsen income inequality by imposing a disproportionately heavy cost on those who are already struggling financially. This can result in social and economic imbalances, making it a less desirable alternative for promoting fairness and equity in society.
APPEARS IN
संबंधित प्रश्न
Taxes in which the rate of tax remains the same, though the tax bases changes are called ______.
Observe the relationship of the first pair of words and complete the second pair:
Tax paid by person on whose it is imposed : Direct tax.
A tax is paid by some person and the final burden is born by some other person : ______.
The state can promote economic development by ______.
Name any two instruments of Fiscal Policy.
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
Explain the term Impact of a tax.
Explain the term Incidence of a tax.
Explain the state's role in achieving the objective of social justice in less developed countries.
Explain how indirect taxes can be made progressive.
Citing reasons state the superiority of Fostering civic consciousness by direct tax over the same by indirect tax.
