progressive tax

Cultural  

1. A tax that takes a higher proportion of large incomes than of small ones. (Compare regressive tax.)

---

Example Sentences

Taxing wealth—or some proxy for it—has some historic precedent: England in 1696 attempted to establish a progressive tax regime based on the number of windows in a home.

From The Wall Street Journal

The U.S. has a progressive tax system, meaning most people are taxed in multiple tax brackets, at rates that increase as their taxable pay rises past thresholds.

From MarketWatch

“How we do that is a more difficult and challenging conversation. And the volatility is foundational in terms of the tax system we have — the progressive tax system.”

From Los Angeles Times

“We have a pretty progressive tax policy in the state here already,” he told reporters in November.

From New York Times

“I think that there are parts of the income-driven repayment that actually can contribute to a more progressive tax policy, and there are parts that I think are a mistake,” she said.

From Seattle Times