GRADUATED TAX
(noun)Did you mean?
Definitions
There is 1 meaning of the phrase
Graduated Tax.
Graduated Tax - as a noun
Any tax in which the rate increases as the amount subject to taxation increases
Synonyms (Exact Relations)
progressive taxExample Sentences
"A graduated tax system is designed to tax higher income individuals at a higher rate."
"The government implemented a graduated tax structure to promote income equality."
"Under the graduated tax system, those who earn more pay a larger percentage of their income in taxes."
"The purpose of a graduated tax is to redistribute wealth and reduce income disparities."
"Many countries use a progressive graduated tax system to fund social welfare programs."
