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GRADUATED TAX
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
Any tax in which the rate increases as the amount subject to taxation increases
Synonyms:
graduated tax; progressive tax
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("graduated tax" is a kind of...):
revenue enhancement; tax; taxation (charge against a citizen's person or property or activity for the support of government)