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.
Related information about progressive tax:
- Progressive tax - Wikipedia, the free encyclopedia
A progressive tax is a tax by which the tax rate increases as the taxable base amount increases. "Progressive" describes a distribution effect on income or ...
- Progressive Tax Definition | Investopedia
A tax that takes a larger percentage from the income of high-income earners than it does from low-income individuals. The United States income tax is ...
- Let's kill the progressive tax rate system - CNN.com
Apr 17, 2012 ... Dorothy Brown says it's time to get rid of the myth that we have a progressive tax rate system, and instead move to taxing all forms of income at ...
- Progressive Taxes, by Joel B. Slemrod: The Concise Encyclopedia ...
A progressive tax structure is one in which an individual or family's tax liability as a fraction of income rises with income. If, for example, taxes for a family with an ...
- Progressive Taxes - irs.gov - Internal Revenue Service
A progressive tax takes a larger percentage of income from high-income groups ... A progressive tax system might, for example, tax low-income taxpayers at 10 ...
- A Progressive Tax Code is Economically Destructive - Forbes
Sep 10, 2012 ... Most Americans assume a progressive tax code is needed to promote equality and remove some of the burden of other taxes on those with the ...
- progressive tax - Financial Dictionary - The Free Dictionary
A system of taxation in which persons or corporations are assessed at a greater percentage of their income according to the theoretical ability to pay. That is ...
- Millions flee California because of progressive tax system | The ...
Jul 27, 2012 ... 'The state is run for the very rich, the very poor, and the public employees'