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progressive tax

/prəˈɡresɪv tæks/

1 entry

phrase

/prəˈɡresɪv tæks/C1formallegal
  • ruНалоговая система, при которой ставка налога увеличивается по мере роста налогооблагаемой суммы, то есть лица с более высоким доходом платят больший процент своего дохода в виде налогов по сравнению с лицами с более низким доходом.

A tax system where the tax rate increases as the taxable amount increases, meaning higher-income individuals pay a larger percentage of their income in taxes compared to lower-income individuals.

  1. Taxation systemB2formal

    A tax system where the tax rate increases as the taxable amount increases, meaning higher earners pay a larger percentage of their income in taxes.

    ruПрогрессивное налогообложение

    • Many countries use a progressive tax system to reduce income inequality.
    • Under progressive tax, the wealthy pay a higher rate than the poor.
    • The government adjusted the progressive tax brackets to increase revenue.