- proportional tax
- noun Date: circa 1943 a tax in which the tax rate remains constant regardless of the amount of the tax base
New Collegiate Dictionary. 2001.
proportional tax
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proportional tax — ➔ tax1 * * * proportional tax UK US noun [C] TAX ► a tax that is charged at the same rate for everyone, whatever their level of income: »National Insurance, at 11% for every employee, is a proportional tax … Financial and business terms
Proportional tax — A proportional tax is a tax imposed so that the tax rate is fixed as the amount subject to taxation increases. [Sommerfeld, Ray M., Silvia A. Madeo, Kenneth E. Anderson, Betty R. Jackson (1992), Concepts of Taxation , Dryden Press: Fort Worth,… … Wikipedia
proportional tax — noun any tax in which the rate is constant as the amount subject to taxation increases • Hypernyms: ↑tax, ↑taxation, ↑revenue enhancement * * * noun : a tax in which the tax rate remains constant regardless of the amount of the tax base * * *… … Useful english dictionary
Proportional Tax — An income tax that takes the same percentage of income from everyone regardless of how much (or little) an individual earns. The U.S. and Canada do not use this system. It is quite controversial and certainly debatable whether or not this is a… … Investment dictionary
proportional tax — See: flat tax … Accounting dictionary
proportional tax — See flat tax … Big dictionary of business and management
tax — 1 vt [Medieval Latin taxare to assess for taxation, tax, from Latin, to assess, value, fix] 1: to assess or determine judicially the amount of (costs of an action in court) 2: to levy a tax on tax the corporation tax capital gains tax·er n tax 2 … Law dictionary
proportional — proportional, proportionate, commensurate, commensurable are often used without marked distinction because all mean being duly proportioned to something else. Proportional and proportionate both imply due proportions either to a related thing or… … New Dictionary of Synonyms
Tax — Taxation An aspect of fiscal policy … Wikipedia
Tax rate — For a type of taxation system in the United Kingdom and elsewhere, see Rates (tax). Taxation An aspect of fiscal policy … Wikipedia
