Final answer:
Lower-income individuals and families tend to be more impacted by taxes compared to wealthier individuals. A flat tax system can disproportionately impact lower-income individuals. The allocation of tax revenue can also affect different sections of society differently.
Step-by-step explanation:
The section of society that is affected most by paying taxes varies depending on factors such as income level and social status. In general, lower-income individuals and families tend to be more impacted by taxes compared to wealthier individuals. This is because taxes, such as income taxes, sales taxes, and property taxes, can consume a larger portion of their income and limit their ability to meet their basic needs.
For example, a flat tax system, where everyone pays the same percentage of their income in taxes, can disproportionately impact lower-income individuals. They may have to allocate a larger percentage of their income to taxes, leaving them with less money for essential expenses. On the other hand, wealthy individuals who earn higher incomes may still have a substantial amount left after paying taxes.
Additionally, the allocation of tax revenue can also affect different sections of society differently. For instance, increased funding for public education can benefit lower-income families who rely on public schools, while wealthier individuals may have the option to send their children to private schools.