A progressive tax system is a tax system in which the wealthy pay a higher percentage of their income in taxes, rather than a higher absolute amount.

Authors

• Person: Not available Organization: University of Hawaii
  14.5 Government Policies to Reduce Income Inequality

Sources

• 14.5 Government Policies to Reduce Income Inequality pressbooks-dev.oer.hawaii.edu University of Hawaii via serper

Referenced by nodes (2)

• income concept
• progressive taxation concept