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Progressive tax

Progressive tax logo #10101) Tax term
Found on https://www.crosswordclues.com/clue/progressive-tax

Progressive tax

Progressive tax logo #21000 A progressive tax is a tax where the tax rate increases as the taxable base amount increases. The term `progressive` refers to the way the tax rate progresses from low to high, with the result that a taxpayer`s average tax rate is less than the person`s marginal tax rate. The term can be applied to individual taxes or to a tax system as a whol...
Found on http://en.wikipedia.org/wiki/Progressive_tax

progressive tax

progressive tax logo #21003tax that imposes a larger burden (relative to resources) on those who are richer; its opposite, a regressive tax, imposes a lesser burden on the ... [3 related articles]
Found on http://www.britannica.com/eb/a-z/p/119

Progressive tax

Progressive tax logo #20140A progressive tax is a tax that takes an increasing proportion of income as income rises. Income tax is an example of a progressive tax, as the rate increases as a person earns more.
Found on http://www.encyclo.co.uk/local/20140

progressive tax

progressive tax logo #20688Tax such that the higher the income of the taxpayer the greater the proportion or percentage paid in that tax. This contrasts with regressive taxes where the proportion paid falls as income...
Found on http://www.encyclo.co.uk/local/20688

progressive tax

progressive tax logo #21177A tax rate which increases as the amount of one's income increases.
Found on http://www.encyclo.co.uk/local/21177

progressive tax

progressive tax logo #21744A tax that takes a larger percentage of income from high-income groups than from low-income groups.
Found on http://www.irs.gov/app/understandingTaxes/student/glossary.jsp

progressive tax

progressive tax logo #20400[n] - any tax in which the rate increases as the amount subject to taxation increases
Found on http://www.webdictionary.co.uk/definition.php?query=progressive%20tax

progressive tax

progressive tax logo #20974 noun any tax in which the rate increases as the amount subject to taxation increases
Found on https://www.encyclo.co.uk/local/20974

progressive tax

progressive tax logo #21221Tax which takes a greater proportion or percentage the higher the income of the taxpayer. This contrasts with regressive tax, where the proportion paid falls as income increases, and proportional tax, where the proportion paid remains the same at all levels of income. Examples of progressive taxes in the UK include income tax and capital gains tax
Found on https://www.encyclo.co.uk/local/21221

Progressive Tax

Progressive Tax logo #23570Progressive tax is a type of taxation in which individuals or groups with high incomes pay a larger percentage than those with lower incomes. It is based on the idea that the more money one has the more ability they have to pay.
Found on https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction
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