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'''Progressive taxation''' is a typically [[Liberal]] [[tax]] policy whereby the rich are taxed more heavily than the poor. They are placed into ''progressively higher'' [[tax brackets]].  The name is a technical economic term and has nothing to do with causing progress.

'''Progressive taxation''' is a typically [[Liberal]] [[tax]] policy (though it deserves note that [[Adam Smith]], an early proponent of laissez-faire economy, suggested that small amounts of progressive taxation could be beneficial to society) whereby the rich are taxed more heavily than the poor. They are placed into ''progressively higher'' [[tax brackets]].  The name is a technical economic term and has nothing to do with causing progress.

==See Also==

==See Also==