progressive tax


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ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.progressive 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 ?
Minister of Finance and Economic Development, Mr Kenneth Matambo has indicated that the Botswana income tax regime is a progressive tax system, therefore those who earn more are subjected to higher tax rates.
I am a strong proponent of a progressive tax system in which everyone pays their fair share.
With inequality worsening, wouldn't most Americans want to close the income gap by instituting a more progressive tax system?
Our changes to tax ensure Scotland has a progressive tax system - with 70 per cent of taxpayers paying less next year than they do currently and 55 per cent paying less than they would across the rest of the UK.
Others are progressive tax reforms to widen the net but allow economic and business growth, creation of a more business friendly environment, building regional and continental trade, fixing our exports as we are doing far below capacity, and reforming the energy sector and especially making electricity cheaper.
He said the law also dealt with overdue corrections in the tax laws and introduced a more progressive tax system for the rich and the poor.
Modestly increasing taxes for higher earners while cutting them for the very lowest, delivering a more progressive tax system, will be welcomed by most.
Personal income tax could be strengthened as the backbone of the progressive tax system.
We are being bold but balanced and leading the way in creating a fair and progressive tax system.
A progressive tax regime will support first-time buyers and businesses when land transaction tax (LTT) and landfill disposals tax (LDT) are introduced on 1 April 2018, replacing stamp duty land tax and landfill tax, respectively.
In parallel with the introduction of a progressive tax rate, we are also going to work to improve the quality of services that institutions offer.
Washington DC-Hazem Elbeblawi, executive director at the International Monetary Fund (IMF), called for applying a progressive tax programmeCi in Egypt, similar to other international programmes, as well as solving tax evasion problems, in order to secure legitimate financial resources for the state treasury.

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