Progressive tax

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 Terms: 6 High, Heir, Inc., Low, Owe, Tax

Other Related Pages: Category: Taxes Starting With: P

Additional Related Terms: 52-week high, 52-week low, Accelerated Cost Recovery System, Accrual of discount, After-tax basis, Amortization of premium, At par, At best, At call, Automated Order Entry System