Title: Taxation Types: Proportional, Progressive, Regressive and Digressive Taxes
Headings: Taxation Types: Proportional, Progressive, Regressive and Digressive Taxes
Taxation Types: Proportional, Progressive, Regressive and Digressive Taxes
Taxation Types: Proportional, Progressive, Regressive and Digressive Taxes!
Proportional Taxes:
Progressive Taxes:
Regressive Taxes:
Digressive Taxes:
In a nutshell, we may put this:
Relative Merits of Proportional Taxes:
Relative Merits of Progressive Taxes:

Content: For, a rise in income is automatically taxed at a higher rate under the system so that revenue increases with economic expansion. 6. Progressive taxes are an engine of social improvement. The strong should assist the weak and the rich should aid the poor. This social morale is well sustained by progressive taxation. 7. Progressive taxation can lead to a better distribution of income and wealth, hence, an increase in general welfare of the community. According to Kaldor, the desire to reduce economic inequalities can be regarded as a justification for adopting a highly progressive tax system. Taxation