单词 | a progressive tax |
释义 | progressive taxDefinition Income tax that takes a larger percentage of a larger income and a smaller percentage of a smaller income. For example, a tax on luxury cars. See also proportional tax and regressive tax. Use 'progressive tax' in a SentenceIf you start to make too much money in your business, you may get hit with a higher progressive tax than you were getting before. During the meeting, the government officials would discuss the importance of a progressive tax and if they would institute it or not. Some people think the best way to make people pay to live in a country and use the infrastructure is the most fair option of a progressive tax. |
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