tag:blogger.com,1999:blog-2957498637105757084.post5556899541594843402..comments2023-11-14T18:34:44.615-05:00Comments on Another Amateur Economist: Progressive Taxation Encourages Investmentgreghttp://www.blogger.com/profile/08201906679062960215noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2957498637105757084.post-10807191691950329062012-10-31T15:46:52.344-04:002012-10-31T15:46:52.344-04:00Progressive Taxation is one of the good programs o...Progressive Taxation is one of the good programs of the government. It is reasonable that citizens coming from the lower income bracket pay lower taxes, while citizens that earn higher salaries pay higher taxes.Lauren Padillahttp://fixtaxproblemsnow.com/noreply@blogger.comtag:blogger.com,1999:blog-2957498637105757084.post-81793634456299249302012-10-31T12:01:21.923-04:002012-10-31T12:01:21.923-04:00This system simply states that the more money you ...This system simply states that the more money you earn, the higher your tax rate is. Governments consider this as an efficient way to increase revenue. And like what Parris said, the money collected by the government is used mainly for development purposes. Most likely, it is invested in building more infrastructures such as schools and public transportation.Wystan Dalehttp://michigan.fixtaxproblemsnow.com/get-irs-tax-relief-now/noreply@blogger.comtag:blogger.com,1999:blog-2957498637105757084.post-82091406449117770752012-10-02T16:45:21.233-04:002012-10-02T16:45:21.233-04:00A study about progressive taxation system states t...A study about progressive taxation system states that this is an effective way for proper distribution of wealth, because it allows people with lower income to pay less tax. I think high income earners must just consider this as a simple help to those average earners since they are the ones who have more cash. Likewise, it’s fine because their taxes are considerably being spent on the country’s development.Parris Morettihttp://bestcpareno.com/cpa-reno-nv-small-business-consulting/noreply@blogger.comtag:blogger.com,1999:blog-2957498637105757084.post-22577925547232290332012-07-31T12:11:53.077-04:002012-07-31T12:11:53.077-04:00In addition to the benefits of progressive tax, it...In addition to the benefits of progressive tax, it helps individuals avoid incentive traps, where your income will decrease if you earn more. Taxing the income at a certain rate at a different time can allow for larger take home money and encourage investment.Jeanie Yearsleyhttp://www.eastcoasttaxconsulting.com/our-services/audit-representation.htmlnoreply@blogger.comtag:blogger.com,1999:blog-2957498637105757084.post-48956158463894672292012-07-12T11:51:21.659-04:002012-07-12T11:51:21.659-04:00Aside from the fact that it encourages investment,...Aside from the fact that it encourages investment, progressive taxation also has other beneficial effects to the people and economy. Since it is a tax by which the tax rate increases as the taxable base amount increases, it can offset inequalities in income distribution because the basis of taxation is not the income, but the object of taxation. On the economic aspect, it enables the government to collect a bigger amount of tax revenue which can be of great aid in carrying out its services to its citizens.Nelson Sottilehttp://www.taxconnections.com/noreply@blogger.com