progressive taxation in English

method of taxation in which the poor pay less and the rich pay more

Use "progressive taxation" in a sentence

Below are sample sentences containing the word "progressive taxation" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "progressive taxation", or refer to the context using the word "progressive taxation" in the English Dictionary.

1. Progressive taxation requires taxpayers to contribute according to their ability to pay.

2. Like the federal government, Québec treats individuals as tax units and enforces "progressive taxation," a system under which taxpayers with a greater ability to pay are more heavily taxed.

3. Thus, Bismarckian social insurance can be used to compensate for brute luck events, whereas progressive taxation and/or basic income can be used to create redistribution beyond risk pooling

4. It also requires more progressive taxation; more short-term fiscal stimulus with medium- and long-term fiscal discipline; lender-of-last-resort support by monetary authorities to prevent ruinous runs on banks; reduction of the debt burden for insolvent households and other distressed economic agents; and stricter supervision and regulation of a financial system run amok; breaking up too-big-to-fail banks and oligopolistic trusts.