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pro·gres·sive ˈtax SOST

progressive tax SOST FISC

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Eliminating the cap would make this a more progressive tax and would reduce or eliminate the projected deficit.
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Many progressive tax systems are not adjusted for inflation.
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Since tax expenditures are claimed against a progressive tax code, individual tax expenditure programs are worth more to wealthier taxpayers.
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The first bill proposed a new progressive tax code designed to cap personal fortunes at $100 million.
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Individual student councils pointed to progressive tax reform, which would pay for post- secondary education and make tuition fees redundant.
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Such taxation usually includes a larger income tax for people with higher incomes, called a progressive tax.
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In countries with progressive tax rates the average rate will be lower than the marginal rate.
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Together, these unleashed a wave of progressive tax and agricultural reforms.
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Progressive tax rates are an example of this.
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Progressive tax rates, while raising taxes on high income, have the goal and corresponding effect of reducing the burden on low income, improving income equality.
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