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Graduated Flat Tax |
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Graduated Flat Tax A progressive income tax with only a few, usually low tax brackets. For example, a graduated flat tax would tax all income up to $20,000 at 5% and income above that at 15%. A graduated flat tax seeks a compromise between those who say that a flat tax is regressive and those who say that a progressive tax is extortionary. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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