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PROGRESSIVE TAX

(noun)
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Definitions

There is 1 meaning of the phrase Progressive Tax.

Progressive Tax - as a noun

Any tax in which the rate increases as the amount subject to taxation increases

Synonyms (Exact Relations)
graduated tax

Example Sentences

"The government implemented a progressive tax policy to redistribute wealth."
"Under a progressive tax system, higher-income individuals would pay a higher tax rate."
"The new legislation introduced a more progressive tax structure."
"A progressive tax system aims to reduce income inequality."
"The progressive tax brackets ensure that the wealthiest individuals contribute more to public services."
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