Fair Taxation

Fair taxation refers to a system where tax policies are designed to be equitable and just, ensuring that individuals and businesses contribute their fair share based on their ability to pay. It aims to minimize inequalities in income and wealth by implementing progressive tax rates, where higher earners pay a larger percentage of their income compared to lower earners. Fair taxation promotes social equity, funding essential public services like education and healthcare, and fosters economic stability by creating a more level playing field. Ultimately, it seeks to balance the needs of society with individual financial responsibilities.