Progressive tax

Rarity: Uncommon

A topic a little better known than average, read and translated beyond its own country.

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At a glance

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Notion

Domain

Science and technology

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What Wikipedia says

A progressive tax is a tax in which the tax rate increases as the taxable amount increases. The term progressive refers to the way the tax rate progresses from low to high, with the result that a taxpayer's average tax rate is less than the person's marginal tax rate.

Excerpt from the Wikipedia article “Progressive tax”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Ske, Public domain, via Wikimedia Commons.