The ideal of a fluid tax rate that matches the rise and fall of the economy is defined as

Question

Quizplus · Accepted Answer

Indexed tax brackets adjust the tax rate based on the changes in the economy, ensuring that the tax rate remains proportional to the taxpayer's ability to pay. This can help balance the taxing system and avoid extreme variations in tax rates that can negatively impact the economy. Therefore, it aligns with the ideal of a fluid tax rate that matches the rise and fall of the economy.

The Ideal of a Fluid Tax Rate That Matches the Rise