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Progressive Tax
(redirected from Ability-to-pay taxation)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.02 sec.

A type of graduated tax that applies higher tax rates as the income of the taxpayer increases.



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83) As Dennis Ventry has written, The ideal of civic virtue created a unique form of ability-to-pay taxation that was hostile to excess accumulation and to citizens who asserted entitlement through birth.
 
 
 
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