Home > Terms > Macedonian (MK) > регресивен данок

регресивен данок

A tax that takes a smaller proportion of income as the taxpayer’s income rises, for example, a fixed-rate vehicle tax that eats up a much larger slice of a poor person’s income than a rich person’s income. This goes against the principle of vertical equity, which many people think should be at the heart of any fair tax system.

0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Dragana Todorovska
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Plants Category: Flowers

цвет

Collection of reproductive structures found in flowering plants.

Featured blossaries

International Accounting Standards

Category: Business   3 29 Terms

African dressing

Category: Fashion   3 10 Terms