Accountancy, asked by kabilan8732, 1 year ago

If the tax payment rises faster than the income, the tax is a

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Answered by arpithasonu8
0

High-income earners pay more than low-income earners, and the tax rate, along with tax liability, increases as an individual or entity's wealth increases. The overall outcome is that higher earners pay a higher percentage of taxes and more money in taxes than do lower-income earners.

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