nouna tax which rises in steps, with those having the highest income paying the highest percentage of tax
Related information about graduated income 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 ...
- Graduated income 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 ...
- Graduated income tax - The Free Dictionary
Noun, 1. progressive tax - any tax in which the rate increases as the amount subject to taxation increases. graduated tax · revenue enhancement, tax, taxation ...
- Definition of Graduated Income Tax | eHow.com
Definition of Graduated Income Tax. Income taxes are levied by governments on the income of citizens to raise money for government services and programs.
- How a Graduated Income Tax Works - Tennesseans for Fair Taxation
Fact: Under a graduated income tax, when you cross into a higher bracket, only the income ABOVE that bracket's floor is subject to the higher rate, NOT one's ...
- What is a graduated income tax
Like the one i the US where there are brackets of percentages of tax, that get larger as the income gets larger. A low earner pay a low percent, a higher earner a ...
- Graduated Income Tax – Closing Tax Loopholes - Illinois Education ...
The IEA is advocating for a Graduated Income Tax that will more fairly spread the tax burden and provide the state with adequate resources to pay its debt and ...
- FACT SHEET Creating a Graduated Income Tax - Center for Tax ...
The answer is simple, the lack of a graduated income tax rate structure makes the ... Creating a graduated income tax structure would help remedy both the ...