1. If I am in charge of developing a tax system for my country, I will structure the tax rate in such a way that, the rich will pay a higher percentage of tax than the poor. This type of tax system is called progressive tax. The income tax for instance will be based on the amount of income that each person earns, thus, those earning higher incomes will pay more tax than those earning lower incomes. Thus, the rich will always pay the greater percentage of taxes.
2. Tax payments should be used for the following:
a. To fund health programs.
b. To fund national defense and security programs.
c. To fund social security programs.
d. To pay interests on national debts.
e. To pay war veterans.
f. To fund educational program.
g. To fund assistance agricultural programs.
