Progressive taxation is a fundamental principle in using tax policy to promote social equity, where higher tax rates are imposed on higher incomes to reduce income disparities by redistributing wealth from the affluent to the less affluent.

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 (3)

• social equity concept
• progressive taxation concept
• tax policy concept