Glossary entry (derived from question below)
English term or phrase:
progressive tax reform
English answer:
improved tax change
Added to glossary by
Yasutomo Kanazawa
Jul 14, 2009 12:29
15 yrs ago
English term
progressive tax reform
Non-PRO
English
Social Sciences
Economics
About the recent G8 in Italy:
The G8 must also take steps to broaden the tax base by improving the integrity of the tax system and undertaking progressive tax reform, while putting an end to tax havens.
The G8 must undertake:
- a progressive reform of the tax system, or
- a reform of the progressive tax?
Thanks in advance
The G8 must also take steps to broaden the tax base by improving the integrity of the tax system and undertaking progressive tax reform, while putting an end to tax havens.
The G8 must undertake:
- a progressive reform of the tax system, or
- a reform of the progressive tax?
Thanks in advance
Change log
Jul 16, 2009 16:07: Yasutomo Kanazawa Created KOG entry
Responses
+1
8 mins
Yasutomo Kanazawa
Japan
Japan
Japan
Scientia est potentia
Native in: Japanese 
Works in: English to Japanese, German to Japanese, Italian to Japanese, and 3 more.
Related KudoZ points
:
6
Selected
improved tax change
The G8 must take both:
They should take a progressive reform of the tax system AND a reform of the progressive tax. To rephrase it,
The G8 must also take steps to widen the tax base by improving the perfectness or without flaws of the tax system and perform an improved (advanced) tax change, while putting an end to tax havens such as offshore accounts and secret bank accounts in Switzerland.
They should take a progressive reform of the tax system AND a reform of the progressive tax. To rephrase it,
The G8 must also take steps to widen the tax base by improving the perfectness or without flaws of the tax system and perform an improved (advanced) tax change, while putting an end to tax havens such as offshore accounts and secret bank accounts in Switzerland.
4 KudoZ points awarded for this answer.
Comment: "Thanks very much"
+2
5 mins
Michael Powers (PhD)
United States
United States
Native in English
&
English
Works in field
United States
US Court Cert. 1980 Ph.D. 1981
Native in: English
Works in: Spanish to English, Portuguese to English, English to Spanish, and 2 more.
Related KudoZ points
:
12
tax reform in which those with higher income pay a greater percentage of taxes
This is why sales tax which is a given percentage for everyone is considered the opposite, a regressive tax, since it does not take into consideration the differences in income.
When there are different tax brackets, be these 15%, 28%, 35%, etc., they are usually tied to net income, and thus this type of system is considered progressive. The more you make the higher your tax bracket for that amount of income.
Mike :)
When there are different tax brackets, be these 15%, 28%, 35%, etc., they are usually tied to net income, and thus this type of system is considered progressive. The more you make the higher your tax bracket for that amount of income.
Mike :)
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