KansalaisuuskurssiGlossary · Chapter 8: Work and the welfare state
progressiivinen vero
Finnish word. In English: progressive tax
A tax where the percentage rises as income grows.
Facts about the word
- In Finland, earned income is taxed progressively: the more income, the higher the tax rate. Verohallinto
- Earned income includes, for example, wages and pensions. Verohallinto
- Capital income, such as dividends and rental income, is taxed differently. Its tax rate is 30 or 34 percent, depending on the amount of income. Verohallinto
The facts come from public sources, such as the authorities' own pages and the law.
Try the word in a sentence
Only one of the sentences uses the word correctly. Which one?
In a progressive tax, the tax rate rises as income grows. It is not the same sum for everyone and not a band.
The word belongs to Chapter 8: Work and the welfare state. The chapter page has the full context and practice questions.
