Title: The Different Types of Taxation System | Suraj's Econ Blog
Headings: 
The Different Types of Taxation System
Direct Taxation:
PROS & CONS
Progressive Tax:
Regressive Tax:
Proportional Tax:
Evaluation:

Content: REGRESSIVE TAX: It is a type of tax that takes a higher tax rate (in %) from the low-income people than from the high-income people. It is the opposite of progressive tax since it takes a larger percentage from the low-income people rather than the high-income people. PROS & CONS
Progressive Tax: Pro: In terms of equity, progressive taxes is not meant to discipline or hurt the high-income people who have succeeded but it is trying to help and protect the people who have not succeeded by taking a lower tax rate from them and allowing them to keep more money for their basic necessities. Con: One may say that this type of taxation is unfair to the “rich” since they have to pay more for being successful. In fact, the “rich” people would argue that they should either get rewarded or should not be taxed really high. Regressive Tax: