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Mentions the merits of Progressive Taxes

Arslan Khalid

19 Feb, 2022

A. The Progressive Taxes are imposed on this Assumption that National Wealth of Money has Gone Down for the Risk. Therefore, Taxing them will not be Burdensome

B. The Progressive Taxes Bring Equality in the Distribution of Income

C. The Progressive Taxes Lead to Boost Govt, Revenues. Particularly these taxes are More helpful in Enhancing Revenues During Wars and Emergencies

D. Govts. Do not have to face More Expenses While Collecting Such Taxes

E. They are in accordance with the Canon of Flexible

F. They Meet the Requirements of Social Justice and Economic Welfare

G. All of the above

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