Income tax – Progressive Tax

Income tax – Progressive Tax

Progressive Tax:  A progressive tax system means that the cost of contributing to tax revenues are shared in a way that takes into account the ability to pay.   However, under the Conservative government the tax brackets have been altered to benefit the few (e.g. top rate reduced to 45% from 50%).

Wealth Taxation for the UK – Tax Justice



Related posts

Leave a Reply

Your email address will not be published.