Dictionary of American idioms. 2013.
tax trap — {n.}, {informal} Predicament in which taxpayers in middle income brackets are required to pay steeply progressive rates of taxation as their earnings rise with inflation but their personal exemptions remain fixed, resulting in a loss of real… … Dictionary of American idioms
tax\ trap — noun informal Predicament in which taxpayers in middle income brackets are required to pay steeply progressive rates of taxation as their earnings rise with inflation but their personal exemptions remain fixed, resulting in a loss of real… … Словарь американских идиом
Tax rate — For a type of taxation system in the United Kingdom and elsewhere, see Rates (tax). Taxation An aspect of fiscal policy … Wikipedia
Welfare trap — The welfare trap theory asserts that taxation and welfare systems can jointly contribute to keep people on social insurance. This is also known as the unemployment trap or poverty trap in the UK.In the UK, there is a distinction between two… … Wikipedia
Flat tax — A flat tax (short for flat rate tax) is a tax system with a constant tax rate. [James, Simon (1998) A Dictionary of Taxation , Edgar Elgar Publishing Limited: Northampton, MA] Usually the term flat tax would refer to household income (and… … Wikipedia
Progressive tax — A progressive tax is a tax imposed so that the tax rate increases as the amount subject to taxation increases. [ [http://www.merriam webster.com/dictionary/Progressive Webster] (4b): increasing in rate as the base increases (a progressive tax)] [ … Wikipedia
Negative income tax — Part of a series on Government Public finance … Wikipedia
Stealth tax — is a term used for a tax levied in such a way that is largely unnoticed, or not recognized as a tax . [ [http://www.oed.com Oxford English Dictionary online] ] Generally used in the UK by Conservatives to attack the New Labour government s… … Wikipedia
poverty trap — The poverty trap refers to the position when an increase in earnings results in a loss of income tested benefit payments which – combined with liability for income tax and other deductions – means that the recipient is no better off. This… … Glossary of UK Government and Politics
poverty trap — The situation low income individuals or families may face when taking up paid employment or securing higher earnings, if the loss of means tested state welfare benefits and/or new income tax payments are equal to, or even exceed additional… … Dictionary of sociology
