A progressive tax policy requires that individuals with higher income and wealth pay more tax than those with lower income. The flat tax policy, on the other hand, requires the individuals to pay one tax rate regardless of the level of income or wealth. Both of these two tax systems have attracted controversy with one group in support of the flat tax system while the other in support of the progressive tax system. The critics of the progressive tax system view it as an unfair method because it puts people into categories. On the other hand, the proponents of the progressive system view it as a way to reduce the burden on the low-income individuals. Despite both sides of the arguments, I think that a progressive tax system is fair and best for the United States.
First, I think the progressive system allows the affluent people with higher salaries to pay more taxes than the low-income individuals, and this helps ease the tax burden on the poor. People with low incomes when taxed high can end up with a small disposable income that they all spend on the basic needs such as food and housing with nothing left to save. To close the income and wealth gap and promote equality, the poor should be taxed less so that they are left with more disposable income to save and also increase their income. On the other hand, the rich are better placed to pay more taxes and relieve the poor of the tax burden and promote fairness and equality. Also, taxing the poor less will encourage them to work hard and accumulate wealth, contrary to the critics of the progressive system who claim it can discourage people from working hard. I, therefore, support the adoption of the progressive tax rather than the flat tax system.
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