Progressive

1. Tax.

A progressive tax is one that is charged as an increasing proportion of the amount being taxed, as the amount being taxed increases.

Contrasted with a regressive tax.

2.

Describing any process or change being implemented in stages over time, rather than all at once.

3.

Associated with innovation and improvement.

See also

• Basic rate
• Cliff edge
• Comprehensive and Progressive Agreement for Trans-Pacific Partnership
• Higher rate
• Redistribution
• Regressive
• Tax
• Tax planning