What does graduated tax mean?
Definitions for graduated tax
grad·u·at·ed tax
This dictionary definitions page includes all the possible meanings, example usage and translations of the word graduated tax.
Princeton's WordNet
progressive tax, graduated taxnoun
any tax in which the rate increases as the amount subject to taxation increases
ChatGPT
graduated tax
A graduated tax, also known as a progressive tax, is a tax structure in which the tax rate increases as the amount of income or wealth increases. This means that those who earn more or have higher wealth are required to pay a higher percentage of their income or wealth in taxes, while those who earn less or have less wealth pay a lower percentage. This system is designed to distribute the tax burden more equitably across different income levels.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of graduated tax in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of graduated tax in Pythagorean Numerology is: 9
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"graduated tax." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/graduated+tax>.
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