Question

what is degressive tax?

Answer 1

Any tax in which the rate decreases as the amount subject to taxation increases. revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government. Based on WordNet 3.0, Farlex clipart collection.

Answer 2

degressive tax, which is a proportionate tax only on income above a certain threshold or exemption.

It is important to note that, among the proponents of the degressive tax, there was clear consensus that the income exempt from tax should be set no higher than the level of subsistence.

The inequity of the progressive income tax

On June 1, after 18 months and countless articles in the press, the court in Lausanne handed down a verdict that degressive tax rates were unconstitutional.