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Progressive Tax
(redirected from Graduated income tax)

   Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.

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



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Further investigation led Russo to conclude that our nation wasn't drifting toward tyranny, but rather being propelled in that direction by a powerful but dimly seen group of elitists whose handiwork includes the graduated income tax and the IRS.
For equity reasons, many states employ graduated income tax rates to make taxes more progressive than otherwise.
While I staunchly oppose signing any petition to refer the graduated income tax assessment component of the Oregon Legislature's revenue package to the ballot, I recognize the rights of Oregonians to do so.
 
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