progressive tax system
A progressive tax system is a method of taxation where the tax rate increases as the taxable income or wealth of an individual or entity increases. This system aims to impose a greater burden on those with higher incomes, redistributing wealth more equitably in society.
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Related Concepts (22)
- automatic stabilizers
- capital gains tax
- economic growth
- economic inequality
- effective tax rates
- estate tax
- fair share
- fiscal policy
- income redistribution
- marginal tax rates
- progressive taxation
- public finance
- social justice
- tax brackets
- tax burden
- tax equity
- tax policies
- tax policy
- tax reform
- taxable income
- wage gap
- wealth inequality
Similar Concepts
- flat tax system
- progressive government spending
- progressive sales tax
- progressive social policies
- progressive tax
- progressive tax code
- progressivity of tax reforms
- regressive sales tax
- regressive tax
- regressive taxation
- tax policy reforms
- tax system
- tax system improvements
- tax system structural reforms
- tax systems