Goni et al. (2008) note that progressive income tax systems typically involve tax brackets where income up to a certain threshold is taxed at one rate, and income above that threshold is taxed at a progressively higher rate, which funds public services and supports social welfare programs.

Authors

• Person: Aditya Putra Organization: Academy of Accounting and Financial Studies Journal
  The role of tax policy in promoting social equity and redistribution

Sources

• The role of tax policy in promoting social equity and redistribution www.abacademies.org Aditya Putra · Academy of Accounting and Financial Studies Journal via serper

Referenced by nodes (1)

• social welfare concept