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What is progressive tax?An income tax that becomes more and more burdensome and/or complex over time. The "progressive income tax" like the income tax system of the United States of America is one of the ten planks of the Communist Manifesto by Karl Marx. progressive tax - videoProgressive tax - what is it?The more money you make, the higher taxes you pay. We need to make taxation more progressive and raise taxes on the wealthy. What does "progressive tax" mean?a tax by which the tax rate increases as the taxable base amount increases An income tax that is a progressive tax taxes individuals with a greater income at a higher rate than those with a lower income. |
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