progressive tax Definition

progressive tax

Definition

A tax system in which those who earn higher incomes pay a higher percentage of their income than those with lower incomes. A graduated tax is one example.

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progressive tax is ...
... part of the Taxes subject.

Related Terms

regressive tax -

flat tax -

tax rate - More

graduated flat tax

progressive tax appears in the definitions of these other terms on BusinessDictionary.com

fiscal drag, luxury tax, proportional tax, regressive tax, marginal tax rate