- regressive taxes
- mandatory payments which are not dependent of the amount of income
English contemporary dictionary. 2014.
regressive taxes
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regressive tax — UK US noun [countable] [singular regressive tax plural regressive taxes] a tax system in which poor people pay a bigger percentage of their income than rich people Thesaurus: types of tax and taxationhyponym … Useful english dictionary
Regressive tax — A regressive tax is a tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases. [ [http://www.merriam webster.com/dictionary/Regressive Webster] (3): decreasing in rate as the base increases (a… … Wikipedia
regressive tax — Tax levied at a rate that decreases as its base increases. Regressivity is considered undesirable because poorer people pay a greater percentage of their income in tax than wealthier people. Consumption taxes and sales taxes are usually… … Universalium
regressive tax — UK / US noun [countable] Word forms regressive tax : singular regressive tax plural regressive taxes a tax system in which poor people pay a bigger percentage of their income than rich people … English dictionary
regressive tax — A tax in which the rate of tax decreases as income increases. Indirect taxes fall into this category. Regressive taxes are said to fall more heavily on the poor than on the rich; for example, the poor spend a higher proportion of their incomes on … Big dictionary of business and management
regressive — UK US /rɪˈgresɪv/ adjective ► used to describe ideas or systems that are old fashioned and do not encourage change or development: »The movement will defeat the autocratic and regressive regime. ► ECONOMICS, TAX used to describe an economic or… … Financial and business terms
regressive tax — 1. A *taxation system in which *tax rates decrease with higher levels of taxable income. Contrast *progressive tax. 2. A *taxation system which is considered to favor the wealthy and cause hardship to poorer individuals. For example, a taxation… … Auditor's dictionary
Regressive Tax — A tax that takes a larger percentage from low income people than from high income people. A regressive tax is generally a tax that is applied uniformly. This means that it hits lower income individuals harder. Some examples include gas tax and… … Investment dictionary
Cigarette taxes in the United States — Smokers as a percentage of the population for the United States as compared with the Netherlands, Norway, Japan, and Finland. In the United States cigarettes are taxed at both the federal and state levels, in addition to any state and local sales … Wikipedia
taxation — taxational, adj. /tak say sheuhn/, n. 1. the act of taxing. 2. the fact of being taxed. 3. a tax imposed. 4. the revenue raised by taxes. [1250 1300; < ML taxation (s. of taxatio) an appraising (see TAX, ATION); r. ME taxacioun < AF < ML, as… … Universalium
