Graduated Income Tax

One whose rate is greater the larger the income; e.g.. a tax so laid that incomes le than $1.000 pay nothing, those between $1,000 and $2,000 pay 1 per IMG:content-0367.jpg:[merged small][graphic][subsumed][subsumed][subsumed][subsumed][merged small][subsumed][subsumed] strument was first constructed by Ramsden, afterward'improved by Trough ton, and more recently by Simms. See DIVIDING ENGINE.