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Progressive Tax |
Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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A type of graduated tax that applies higher tax rates as the income of the taxpayer increases. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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If the estate tax goes, progressive taxation follows, and social inequities continue to harden, then the danger of social unrest may not always seem as remote as it does today. This death tax effort has been a critical piece of an attack on the very idea of progressive taxation in America. Within the European community itself, nations with high rates of unionization, progressive taxation, and many mandated benefits--such as Sweden and Italy--also have had lower unemployment rates over the past decade than more free-wheeling Spain. |
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