Income disparity and concept of progressive taxation

Reference no: EM1364458

After reviewing the range of earnings across various jobs on salary.com, it should be clear that income disparity in our economy is considerable. Explain whether or not you believe that the degree of variation is justified. Explain your rationale.

Progressive income taxes (the more you earn, the more you pay) are designed in part to reallocate earnings. Does the approach seem fair? Explain your answer.

Reference no: EM1364458

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