Glossary entry

English term or phrase:

regressive tax

Finnish translation:

regressiivinen vero

Added to glossary by Alfa Trans (X)
Aug 10, 2009 13:41
15 yrs ago
English term

regressive tax

GBK English to Finnish Bus/Financial Law: Taxation & Customs
Definition from ThisNation.com:
Tax collected at increasingly lower rates or percentages as income level increases.
Example sentences:
In order to prevent regressive tax on items purchased, many states make certain types of things non-taxable, especially food. (wiseGEEK)
A regressive tax system does not mean and likely would not result in low income earners paying more taxes than the wealthy, only that the effective tax rate relative to income or consumption would be a larger tax burden to low income earners. (Wikipedia)
This update explains that ballot initiatives to enact regressive tax policies died in Michigan and Montana, but survived to secure spots on the ballot in Arizona, Florida, Massachusetts and Oregon. (The Tax Justice Digest)
Proposed translations (Finnish)
4 +2 regressiivinen vero
Change log

Aug 10, 2009 13:30: changed "Kudoz queue" from "In queue" to "Public"

Aug 10, 2009 13:41: Enrique Cavalitto changed "Stage" from "Preparation" to "Submission"

Aug 13, 2009 13:58: changed "Stage" from "Submission" to "Selection"

Sep 3, 2009 14:33: Enrique Cavalitto changed "Stage" from "Selection" to "Completion"

Proposed translations

+2
8 days
Selected

regressiivinen vero

Definition from wikipedia.org:
Progressiivisen veron vastakohta on regressiivinen vero. Regressiivisen veron tapauksessa veroaste pienenee verotettavan summan noustessa.
Example sentences:
Regressiivistä veroa maksetaan sitä suuremman prosentin mukaan mitä pienemmät ovat tulot. (euvkr.com)
Peer comment(s):

agree PeeGee (X) : Näin on!
1 day 17 hrs
Thank you, Pirjo!
agree Jussi Rosti
15 days
Thank you, Jussi!
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4 KudoZ points awarded for this answer.
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