Global Income Tax

Global Income Tax,

How To Define Global Income Tax?

Global Income Tax refers to An income tax that combines income from all sources at the individual (or household) level. Income is then taxed at a flat progressive rate.

Literal Meanings of Global Income Tax

Global:

Meanings of Global:
  1. Around the world.

  2. It refers to either the whole or a group of things.

Sentences of Global
  1. The global economic slowdown

  2. Have students review what is included in the assignment.

Synonyms of Global

intercontinental, universal, exhaustive, broad, all-inclusive, wide-ranging, all-encompassing, sweeping, extensive, world, overall, multidisciplinary, interdisciplinary, comprehensive, worldwide, encyclopedic, general, international, blanket, cross-disciplinary, far-reaching

Income:

Meanings of Income:
  1. As usual for funds, especially work or investment.

Sentences of Income
  1. Have a nice home and a decent income.

Synonyms of Income

receipts, stipend, earnings, pay, yield, proceeds, money received, emolument, incomings, turnover, profits, gains, salary, wages, means, remuneration, takings, dividend, take, revenue

Tax:

Meanings of Tax:
  1. Mandatory contribution to government revenue, which is taxed by the government on workers' income and company profits, or is included in the cost of certain goods, services and transactions.

  2. Strict restrictions or demands.

  3. Tax (on something or something).

  4. Make big demands on (someone's power or resources).

  5. Facing (someone) guilt or evil.

  6. Testing and review (case costs)

Sentences of Tax
  1. Higher taxes will reduce consumer spending.

  2. Overload the reader's attention.

  3. Income is taxed at the highest rate.

  4. He knows that further trials must take their toll.

  5. Why are you blaming me for these baseless allegations?

  6. The clerk collects the bill.

Synonyms of Tax

task, incriminate, arraign, obligation, censure, sap, burden, weight, tariff, overload, fatigue, customs, responsibility, excise, levy a tax on, levy, make demands on, demand, onus, try, liability, bring charges against, push too far