Progressive income taxation serves which objective of the government budget?

1. Under a progressive structure, a higher income attracts a higher rate. 2. That shifts the burden towards those better able to bear it. 3. Changing the income distribution this way is the **redistribution** function. 4. Allocation concerns providing public goods the market will not supply, which is a separate objective. _Source: syllabus Introductory Macroeconomics, Ch 5 "Government Budget and the Economy", section 5.1.1 Objectives of Government Budget_