A graduated income tax is the same thing as a progressive income tax system, where you pay a larger percentage of tax on your income as you earn more money.
Arturo Conde is a senior editor at SmartAsset. He specializes in personal finance topics including retirement planning, investment strategies, and real estate, leveraging his expertise as a certified educator in the field. Arturo's work has been featured in notable publications such as Yahoo Finance, NBC News, and AOL, Inc., showcasing his contributions to the financial literacy discourse.