Answer:
A progressive tax system is a tax system in which the tax rate increases as the income or wealth of the taxpayer increases. This means that those who have higher income or wealth pay a higher percentage of their income or wealth in taxes compared to those with lower income or wealth.
This system promotes equity in taxation as it helps to reduce income inequality. The idea behind this is that those who have more can afford to pay more in taxes, and that the burden of taxation should be shared fairly among all members of society.
In a progressive tax system, those with lower incomes pay a smaller percentage of their income in taxes, and those with higher incomes pay a larger percentage of their income in taxes. This means that those who have less money to spare are not burdened with high tax bills that they cannot afford, while those who can afford to pay more contribute more to the common good.
Progressive taxation also helps to provide revenue for government programs that benefit all members of society, such as education, healthcare, and social welfare programs. This helps to promote a more equal and just society by ensuring that everyone has access to essential services regardless of their income or wealth.
Overall, a progressive tax system promotes equity in taxation by ensuring that those who have more pay more, and that the burden of taxation is shared fairly among all members of society.