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progressive tax
(redirected from Graduated tax)

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.08 sec.

progressive tax

Tax 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.



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? Mentioned in ? References in periodicals archive
 
The plan includes a tax exemption policy that offers graduated tax breaks to developments the further west they are located.
1348 imposed a ceiling on the graduated tax rate applicable to personal service income, defined in IRC secs.
Later that year, he called for a graduated tax on income as well.
 
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