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Discover how the ability to pay principle influences taxation through progressive tax systems. Learn with examples how tax burdens are tailored to individual financial situations.

As the April 15 tax deadline approaches, overall public views of the fairness of the nation’s tax system have changed only modestly since 2017, before passage of major tax legislation. However, ...

Steven Hamilton does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...