A wealth tax can be justified because it

Question

Quizplus · Accepted Answer

All of the answer options are valid reasons for justifying a wealth tax. A wealth tax helps to address any issues that may arise in the administration of an income tax, as well as ensuring that those with a greater ability to pay contribute accordingly. Additionally, a wealth tax can serve to reduce the concentration of wealth, which is important for social and political reasons. Finally, a wealth tax can be seen as a payment for the benefits that wealthy individuals receive from the government.

A Wealth Tax Can Be Justified Because It