Answer :

Final answer:

Progressive tax is an equitable tax system based on income levels.


Explanation:

Progressive tax is a tax system where individuals with higher incomes pay a higher tax rate. It is considered equitable as it aims to distribute the tax burden based on income levels. While some argue for a flat or proportional tax system for efficiency reasons, progressive taxation is designed to address income inequalities.


Learn more about Progressive tax system here:

https://brainly.com/question/9695290


Other Questions