Difference between revisions of "Progressive taxation"

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(it's not left wing - the united states has used it for almost a century)
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'''Progressive taxation''' is a [[tax]] policy whereby the rich are taxed more heavily than the poor. They are placed into ''progressively higher'' [[tax brackets]].
 
'''Progressive taxation''' is a [[tax]] policy whereby the rich are taxed more heavily than the poor. They are placed into ''progressively higher'' [[tax brackets]].
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[[Category:Finance]][[Category:Government]]

Revision as of 18:29, June 13, 2008

Progressive taxation is a tax policy whereby the rich are taxed more heavily than the poor. They are placed into progressively higher tax brackets.