How could you justify higher income tax rates on rich people in Canada?

Question

Quizplus · Accepted Answer

Justifying higher income tax rates on rich people in Canada can be done on the basis of equity for society. Progressive taxation can help reduce income inequality and promote social cohesion by redistributing wealth from the rich to the poor. This can ensure that the burden of taxes is distributed fairly and that everyone pays their fair share. It can also help raise revenue for government programs that benefit the entire society, such as education, healthcare, and infrastructure.

How Could You Justify Higher Income Tax Rates on Rich