In Australia, it would be possible to justify a higher income tax on the rich by potential gains in:
A)efficiency
B)equity
C)market power
D)business ethics

Question

Quizplus · Accepted Answer

Justifying a higher income tax on the rich by potential gains in equity would aim to reduce income inequality in Australia, as wealth disparities have been increasing in recent years. This could include redistributing the tax revenue to help support programs that benefit lower-income individuals and families.

In Australia, It Would Be Possible to Justify a Higher