Difference between revisions of "Progressive taxation"
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| − | '''Progressive taxation''' is | + | '''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. |
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| − | The name is a technical economic term and has nothing to do with causing progress. | ||
==See Also== | ==See Also== | ||
Revision as of 03:48, May 8, 2011
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.