Examlex
In the 1830s,Cyrus McCormick improved grain farming when he patented his
Regressive
Pertaining to a tax system where the tax rate decreases as the taxable amount increases, placing a higher relative burden on lower-income individuals.
Proportional
Relating to or denoting a relationship where a change in one quantity results in a corresponding proportional change in another quantity.
Federal Income Tax
A tax levied by the United States federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.
Income-Tax Filers
Individuals or entities that submit a report of their income to a governmental body to assess tax liabilities.
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