DEGRESSIVE TAX

Pronunciation (US):

(GB):

 Dictionary entry overview: What does degressive tax mean? 

• DEGRESSIVE TAX (noun)
  The noun DEGRESSIVE TAX has 1 sense:

1. any tax in which the rate decreases as the amount subject to taxation increases

  Familiarity information: DEGRESSIVE TAX used as a noun is very rare.

 Dictionary entry details 

• DEGRESSIVE TAX (noun)

Sense 1

Meaning:

Any tax in which the rate decreases as the amount subject to taxation increases

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("degressive tax" is a kind of...):

revenue enhancement; tax; taxation (charge against a citizen's person or property or activity for the support of government)