The tax method that uses the principle of taxing those who earn more at higher rates is called
A)equalization.
B)socio-economic.
C)progressive.
D)regressive.

Question

Quizplus · Accepted Answer

The tax method that uses the principle of taxing those who earn more at higher rates is called progressive tax. This tax system is based on the idea of social justice, where individuals with higher incomes pay a higher percentage of taxes than those with lower incomes. This helps in wealth redistribution and reduces income inequality.

The Tax Method That Uses the Principle of Taxing Those