why do high income earners pay more tax?
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Answers
Answer:
The high income earners contribute more money.so they have to pay more taxes than a low income earner
Answer:
A progressive income tax does not charge high earners a higher rate. It charges everyone the same rate on different levels of income. The person making $200k pays the same rate on his first $20k as the person that only makes $20k. The person making $20k will pay the same rate on his $200,000th dollar as the higher earner when he earns it. It is not about people; it is about incomes. All people are treated equally.
As far as the incremental tax increase on incomes goes, one way to think of it is like a video game. In a video game, the difficulty increases as the player advances. As the player increases his skills (and in some games collects potions, weapons,...), the difficulty of the game increases. This makes the game better for all players....
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