Friday 29 April 2016

Progressive Taxation on individual and corporate income.

Should individuals and cooperates be seen as entities that equate?

How to peg taxation to the individual

Progressive taxation is defined as increasing the percentage of income taken as tax as the income increases.

A1.-"So your first dollar earned is zero taxed and your millionth dollar earned is 100% taxed with a linear line between these two points is one example of progressive taxation."
Ref https://sites.google.com/site/progressivetaxation/

Can you suggest other combinations and permutations of progressive taxation.

Personally I like A1 above progressive taxation.

Let's see if you can describe the current progressive taxation in 200 countries and territories of the world on planet earth today.

Eg
Ref wikipedia


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