Glossary entry (derived from question below)
English term or phrase:
regressive tax
Slovak translation:
degresívna daň
English term
regressive tax
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)
| 5 +2 | degresívna daň |
Dagmar Turčanová
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Proposed translations
Slovakia
Absolute commitment to quality
Native in: Slovak
Works in: Polish to Slovak, English to Slovak, Arabic to Slovak, and 1 more.
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