graduated tax


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Related to graduated tax: progressivity, Graduated income tax
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
References in periodicals archive ?
Pritzker's plan for graduated tax rates to replace the state's flat tax system.
the new graduated tax rates of zero to 35 percent based on taxable income.
For income earners of over P250,000, graduated tax rate of 20 percent to a maximum rate of 35 percent shall be imposed.
These changes, which are now law, will tax certain trusts at the top marginal tax rate rather than the lower graduated tax rates that some trusts currently pay.
The plan includes a tax exemption policy that offers graduated tax breaks to developments the further west they are located.
1348 imposed a ceiling on the graduated tax rate applicable to personal service income, defined in IRC secs.
Motorcyclists will pay a graduated tax depending on the fuel efficiency of their bikes.
IRC section 448(d)(2) imposed a flat tax rate of 35% on the taxable income of qualified personal service corporations, prohibiting them from using the graduated tax rates of 15% to 35% available to most corporations.
plans do have some notable differences, but all have one thing in common: They would compress the current, graduated tax rates into a single rate.
I have a response to the Saturday, April 27, comment from Larry Williams of Libertyville about a graduated tax. By no means am I a millionaire and this tax would not affect me in any way.