regressive tax — UK US noun [countable] [singular regressive tax plural regressive taxes] a tax system in which poor people pay a bigger percentage of their income than rich people Thesaurus: types of tax and taxationhyponym … Useful english dictionary
regressive tax — A tax with a rate that decreases as the taxpayer s income increases. Dictionary from West s Encyclopedia of American Law. 2005. regressive tax A tax with a rate that decreases as the taxpayer s income i … Law dictionary
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
regressive tax — A tax system that provides that average tax rates decrease with increases in individuals income brackets. Bloomberg Financial Dictionary * * * regressive tax regressive tax ➔ tax1 * * * regressive tax UK US noun [C] TAX ► a tax in which poor… … Financial and business terms
Regressive Tax — A tax that takes a larger percentage from low income people than from high income people. A regressive tax is generally a tax that is applied uniformly. This means that it hits lower income individuals harder. Some examples include gas tax and… … Investment dictionary
regressive tax — UK / US noun [countable] Word forms regressive tax : singular regressive tax plural regressive taxes a tax system in which poor people pay a bigger percentage of their income than rich people … English dictionary
regressive tax — Tax levied at a rate that decreases as its base increases. Regressivity is considered undesirable because poorer people pay a greater percentage of their income in tax than wealthier people. Consumption taxes and sales taxes are usually… … 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
regressive tax — re gressive .tax n a tax that has less effect on the rich than on the poor … Dictionary of contemporary English
regressive tax — re,gressive tax noun count a tax system in which poor people pay a bigger percentage of their income than rich people … Usage of the words and phrases in modern English