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>Progressive is a word that seems to mean different things to the left and the right, I notice you didn't define it. "Progressive" has a very specific meaning
by ZachPruckowski 15y ago
>Progressive is a word that seems to mean different things to the left and the right, I notice you didn't define it.
"Progressive" has a very specific meaning when you're discussing tax structure, independent of its political meaning. Specifically, a progressive tax is one in which the effective rate you pay rises with income.
- gaius 15y agoIt's a word that has been at best deliberately overloaded, and at worst hijacked. Who would want to stand in the way of "progress"? It could equally well mean, the more you earn they more you get to keep.
- krschultz 15y agoNo, it is a description of the tax code. It is not a judgement of the tax code. It is a 'progressive tax' or 'progressive tax rate'. It has nothing to do with 'progress' or the 'Progressive party'. http://en.wikipedia.org/wiki/Progressive_tax http://en.wikipedia.org/wiki/Progressive_tax
- onemoreact 15y agoYes, but people call our taxcode Progressive, when as Buffet point's out it's regressive at the top.