- redistributive effect
- Finan effect of a progressive tax or benefit that tends to equalize people’s wealth
The ultimate business dictionary. 2015.
The ultimate business dictionary. 2015.
Financial history of the Dutch Republic — describes the history of the interrelated development of financial institutions in the Dutch Republic. The rapid economic development of the country after the Dutch Revolt in the years 1585 1620, described in Economic History of the Netherlands… … Wikipedia
property tax — a tax levied on real or personal property. [1800 10] * * * Levy imposed on real estate (land and buildings) and in some jurisdictions on personal property such as automobiles, jewelry, and furniture. Some countries also levy property taxes on… … Universalium
poverty — Unlike Britain, where disparities in income have been growing wider, the gap between rich and poor in Spain has gradually been narrowing. In Britain the poorest 40 percent of the population receives 14.6 percent of the national income; in… … Encyclopedia of contemporary Spanish culture
Europe, history of — Introduction history of European peoples and cultures from prehistoric times to the present. Europe is a more ambiguous term than most geographic expressions. Its etymology is doubtful, as is the physical extent of the area it designates.… … Universalium
taxation — taxational, adj. /tak say sheuhn/, n. 1. the act of taxing. 2. the fact of being taxed. 3. a tax imposed. 4. the revenue raised by taxes. [1250 1300; < ML taxation (s. of taxatio) an appraising (see TAX, ATION); r. ME taxacioun < AF < ML, as… … Universalium
government budget — Forecast of governmental expenditures and revenues for the ensuing fiscal year. In modern industrial economies, the budget is the key instrument for the execution of government economic policies. Because government budgets may promote or retard… … Universalium
Independent (voter) — Not to be confused with Independence Party, Independent Party, America s Independent Party, or American Independent Party. Part of the Politics series … Wikipedia
Myanmar — /muy ahn mah/, n. Union of, official name of Burma. * * * I or Burma officially Union of Myanmar Country, Southeast Asia, on the Bay of Bengal and the Andaman Sea. Area: 261,228 sq mi (676,577 sq km). Population (2002 est.): 42,238,000. Capital:… … Universalium
government economic policy — ▪ finance Introduction measures by which a government attempts to influence the economy. The national budget generally reflects the economic policy of a government, and it is partly through the budget that the government exercises its three … Universalium
Economic growth — GDP real growth rates, 1990–1998 and 1990–2006, in selected countries … 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