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– Nelson Mandela

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Taxes Forum

Taxes Forum

Q Is it fair to tax the rich to help the poor? Support your analysis with properly cited reference sources.

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The first thing that should be mentioned here is that the primary and most foremost justification of continuing progressive justification is the marginal application and utility of money. In a nation, every individual is obliged to pay tax for accomplish the Utilitarian approach within the society. According to the utilitarian approach, actions should be chosen according to the consequence or result it is able to produce. Hence, taxes should be accumulated according to the utility it can bring to the entire society. If rich can pay tax for increasing the level of benefit for the underprivileged section of the society, then it is justified.