Please answer the following questions with a short paragraph but well explained!
Do you believe progressive taxes, regressive taxes, or flat taxes (or a combination of all three) are most “fair.” Explain you answer.
Meaning do you think those taxes are fair to the people
Below are description of each taxes
progressive tax: A tax whose effective rate on an individual’s income increases as the per-son’s income rises.
regressive tax: A tax that charges individuals the same amount, regardless of income. distributive tax policies: Taxa-tion policies intended to pro-mote the interests of all classes equally.
flat tax: A tax policy that draws money from all entities at the same proportion of their income