Glossary entry

English term or phrase:

regressive tax

Slovak translation:

degresívna daň

Aug 10, 2009 13:40
14 yrs ago
English term

regressive tax

GBK English to Slovak Bus/Financial Law: Taxation & Customs
Definition from ThisNation.com:
Tax collected at increasingly lower rates or percentages as income level increases.
Example sentences:
In order to prevent regressive tax on items purchased, many states make certain types of things non-taxable, especially food. (wiseGEEK)
A regressive tax system does not mean and likely would not result in low income earners paying more taxes than the wealthy, only that the effective tax rate relative to income or consumption would be a larger tax burden to low income earners. (Wikipedia)
This update explains that ballot initiatives to enact regressive tax policies died in Michigan and Montana, but survived to secure spots on the ballot in Arizona, Florida, Massachusetts and Oregon. (The Tax Justice Digest)
Proposed translations (Slovak)
5 +2 degresívna daň
Change log

Aug 10, 2009 13:29: changed "Kudoz queue" from "In queue" to "Public"

Aug 10, 2009 13:40: Enrique Cavalitto changed "Stage" from "Preparation" to "Submission"

Aug 13, 2009 13:58: changed "Stage" from "Submission" to "Selection"

Aug 20, 2009 13:42: Enrique Cavalitto

Aug 21, 2009 15:54: changed "Stage" from "Selection" to "Completion"

Proposed translations

+2
1 hr
Selected

degresívna daň

Niekedy sa označuje aj ako „regresívna daň“.
Definition from own experience or research:
Zvyšovanie základu dane má za následok znižovanie sadzby dane.
Example sentences:
Progresívna daň viac dolieha na bohatých, degresívna daň pôsobí opačne. (banky.sk)
Nie rovná, ale degresívna daň z príjmu fyzických osôb už platí v dvoch z 26 švajčiarskych kantónov (...). (iness.sk)
Peer comment(s):

agree Peter Kolarik
3 days 16 hrs
agree kitkatusik
10 days
Something went wrong...
4 KudoZ points awarded for this answer.
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search