DEGRESSIVE TAX
(noun)Did you mean?
Definitions
There is 1 meaning of the phrase
Degressive Tax.
Degressive Tax - as a noun
Any tax in which the rate decreases as the amount subject to taxation increases
Example Sentences
"A degressive tax system reduces the tax rate as income increases."
"Some countries have implemented a degressive tax to stimulate economic growth."
"The degressive tax is designed to benefit low-income earners."
"The government introduced a degressive tax policy to support small businesses."
"A degressive tax structure can incentivize entrepreneurs to invest in new ventures."
