Thursday, February 9, 2012

What's the difference between tax and progressive income tax ...

Question by : What?s the difference between tax and progressive income tax brakets ?
I see New Zealand uses tax brakets instead of progressive tax, but is not it still progressive if it targets different levels of income? Best answer:
Answer by

stephen_toon
tax brackets are part of a progressive tax systemhttp://en.wikipedia.org/wiki/Tax_bracket

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