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graduated tax

   Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.graduated tax - any tax in which the rate increases as the amount subject to taxation increases
revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government


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National's graduated tax cuts would see a worker on the average annual wage of 45,000 dollars receiving an extra 47 dollars a week by April 2011, compared to 32 dollars under Labour's plan.
The Oklahoma severance tax is a graduated tax based on price.
A lot of ideas have been thrown around, such as instituting a tax on services--the largest growing sector of businesses; having a graduated tax that is more friendly to small start-up businesses or returning to the corporate tax structure, which may have been forgiven for the flaws that got it axed in favor of the SBT.
 
 
 
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