progressive taxation

progressive taxation
Characterizes a convex tax schedule that results in a higher effective tax rate on higher income levels. Increases for some increases in income, but never decreases with an increase in income. Bloomberg Financial Dictionary

Financial and business terms. 2012.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • progressive taxation — /prəˌgresɪv tæk seɪʃ(ə)n/ noun a taxation system where tax levels increase as the income is higher. Also called graduated taxation. Compare regressive taxation …   Dictionary of banking and finance

  • progressive taxation — method of taxation in which the poor pay less and the rich pay more …   English contemporary dictionary

  • progressive taxation — /prəgrɛsɪv tækˈseɪʃən/ (say pruhgresiv tak sayshuhn) noun a form of taxation in which the rate increases with certain increases in the taxable income …  

  • taxation — tax·a·tion n 1: the action of taxing: as a: the imposition of taxes b: the judicial determination of costs 2 a: revenue obtained from taxes b: the amount assessed as a tax 3: a particular system of taxing …   Law dictionary

  • Progressive tax — A progressive tax is a tax imposed so that the tax rate increases as the amount subject to taxation increases. [ [http://www.merriam webster.com/dictionary/Progressive Webster] (4b): increasing in rate as the base increases (a progressive tax)] [ …   Wikipedia

  • taxation — The process of taxing or imposing a tax. See assessment; equalization; tax; withholding. @ double taxation The taxing of the same item or piece of property twice to the same person, or taxing it as the property of one person and again as the… …   Black's law dictionary

  • Progressive Democrats of America — The Progressive Democrats of America (PDA) is a progressive political organization and grassroots Political Action Committee operating inside the Democratic Party.HistoryThe Progressive Democrats of America formed out of both Democracy for… …   Wikipedia

  • taxation —    During the Franco regime taxes were low and evasion high. State revenue depended mainly on a wide range of indirect taxes, and taxation of personal income was not pursued with any real vigour: only one in twenty of the workforce paid income… …   Encyclopedia of contemporary Spanish culture

  • Taxation in Peru — The Income tax in Peru is collected by the Superintendencia Nacional de Administración Tributaria, best known as SUNAT. This country uses a system of progressive taxation on personal income, and a flat rate tax on business income.External links*… …   Wikipedia

  • Taxation in Argentina — Income tax in Argentina is collected solely by the Federal Government, to the exclusion of the Argentine Provinces. Argentina uses a system of progressive taxation on personal income that is collected as a deferred tax, a flat rate tax on… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”