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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 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==
*[[Flat tax]]
*[[Regressive tax]]
[[Category:Finance]]
[[Category:Finance]]
[[category:Taxation]]
[[category:Taxation]]