regressive taxation — /rɪˌgresɪv tek seɪʃ(ə)n/ noun a system of taxation in which tax gets progressively less as income rises. Compare progressive taxation … Dictionary of banking and finance
regressive taxation — /rəgrɛsɪv tækˈseɪʃən/ (say ruhgresiv tak sayshuhn) noun a form of taxation in which the rate decreases in proportion to the increase in taxable income …
Regressive tax — A regressive tax is a tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases. [ [http://www.merriam webster.com/dictionary/Regressive Webster] (3): decreasing in rate as the base increases (a… … Wikipedia
taxation — The process of taxing or imposing a tax. See assessment; equalization; tax; withholding. @ double taxation The taxing of the same item or piece of property twice to the same person, or taxing it as the property of one person and again as the… … Black's law dictionary
Taxation in the United States — is a complex system which may involve payment to at least four different levels of government and many methods of taxation. United States taxation includes local government, possibly including one or more of municipal, township, district and… … Wikipedia
regressive — 1630s; see REGRESS (Cf. regress) + IVE (Cf. ive). In reference to taxation, it is attested from 1889. Related: Regressively … Etymology dictionary
taxation — taxational, adj. /tak say sheuhn/, n. 1. the act of taxing. 2. the fact of being taxed. 3. a tax imposed. 4. the revenue raised by taxes. [1250 1300; < ML taxation (s. of taxatio) an appraising (see TAX, ATION); r. ME taxacioun < AF < ML, as… … Universalium
regressive tax — 1. A *taxation system in which *tax rates decrease with higher levels of taxable income. Contrast *progressive tax. 2. A *taxation system which is considered to favor the wealthy and cause hardship to poorer individuals. For example, a taxation… … Auditor's dictionary
Taxation in Switzerland — Taxes in Switzerland are levied by the Swiss Confederation, the cantons and the municipalities. Switzerland is a tax haven due to its general low rate of taxation, its political stability as well as the various tax exemptions or reductions… … Wikipedia
taxation — During the Franco regime taxes were low and evasion high. State revenue depended mainly on a wide range of indirect taxes, and taxation of personal income was not pursued with any real vigour: only one in twenty of the workforce paid income… … Encyclopedia of contemporary Spanish culture
taxation — A compulsory contribution to government finances. Taxation falls on both individuals and organizations, and its revenues are used by a government (i) to fund *public sector expenditure and (ii) to pursue political policies (like the… … Auditor's dictionary