Question

The premise of the __________ is that billionaires, millionaires, and all those at the top of the income ladder are expected to pay more in taxes than minimum-wage employees. social mobility index comparative perspective correlation coefficients progressive tax system

Answer 1

Answer:

The premise of the progressive tax system.

Explanation:

The progressive tax system affects more the wealthy than the poor. This system establish a higher rate for is based on the taxpayer’s ability to pay: the higher the income higher the taxes rate. It is like that because the families with lower income spend a larger part their earnings on living expenses, while the wealthy can afford these basics and are likely to spend more in luxury items, for example.