Assertion: tax rate | /r/HasProperty | applied to income
Facets:
value: in countries with progressive taxation schemes
type: LOCATION
value: with incremental increases in income
type: OTHER
Source sentences:
text: Marginal tax rates are applied to income in countries with progressive taxation schemes, with incremental increases in income taxed in progressively higher tax brackets, resulting in the tax burden being distributed amongst those who can most easily afford it.