degressive tax


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Related to degressive tax: Regressive tax
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.degressive tax - any tax in which the rate decreases 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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References in periodicals archive ?
A degressive tax, which is a proportionate tax only on income above a certain threshold or exemption.
It is important to note that, among the proponents of the degressive tax, there was clear consensus that the income exempt from tax should be set no higher than the level of subsistence.