degressive

[dih-gres-iv]

de·gres·sive

[dih-gres-iv]
adjective
pertaining to a form of taxation in which the rate diminishes gradually on sums below a certain fixed amount.

Origin:
1905–10; degress(ion) + -ive

de·gres·sive·ly, adverb
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Degressive is always a great word to know.
So is callithumpian. Does it mean:
a gadget; dingus; thingumbob.
a children's mummer's parade, as on the Fourth of July, with prizes for the best costumes.
WordNet
degressive

adjective
1. going down by steps 
2. (of taxes) gradually decreasing in rate on sums below a certain amount 
WordNet® 3.0, © 2006 by Princeton University.
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