Business Terms and Jargon Explained

What is Regressive Tax

This is where a smaller percentage of tax is charged as a personís income increase. This type of tax system is seen to be unfair to the poor and goes against the principle of vertical equity. Fix taxes can fall under this heading.
E.g. Car tax is a fixed amount. Some may consider a car to be a necessity rather than a luxury, but it takes a larger slice of a poor personís income compared to a rich personís income.

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z

Search Term   

Appraisal Stamp duty MasterCard
Aggregate holding company Medium of exchange Transfer Deed
Company Director service agreement Suggestio falsi Audit
Equal opportunities policy Customs Release Drop Catch
Specified Supplies Committal for sentence Special Commissioner
Real Quality control Tolar
In limine Deficit Preamble
Office Of Export Log file Dumping
Corporate Culture Quality Assurance In solidum
Discretionary Fiscal Policy Res nulis N162 Civil Court form
A.E.R Shareholders Admission of evidence
Patent Pools Accounts receivable Capsizing
Al Desco Take ownership N268 Civil Court form

Term created / updated 2006-07-30 16:32:38

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2022 Scopulus Limited. All rights reserved.