Conservatives believe that a progressive tax system is based on the faulty idea of diminishing satisfaction from an additional dollar of earnings.

Question

Quizplus · Accepted Answer

Conservatives typically believe in a flat tax system or a system with lower tax rates for higher earners, arguing that a progressive tax system discourages hard work and reduces productivity. They argue that a person's satisfaction from earning an additional dollar should not be reduced by being taxed at a higher rate.

Conservatives Believe That a Progressive Tax System Is Based on the Faulty