the willful giving of false testimony under oath or affirmation, before a competent tribunal, upon a point material to a legal inquiry. nonperjury, noun, plural nonperjuries. For example, Martha Stewart was pilloried at the time of her 2004 perjury trial for carrying a Birkin Bag to court with her.
What is the 'Effective Tax Rate'. The effective tax rate is the average rate at which an individual or corporation is taxed. The effective tax rate for individuals is the average rate at which their earned income is taxed, and the effective tax rate for a corporation is the average rate at which its pre-tax profits are taxed.
In country B, however, the effective tax rate of the poorer person is 15% while the effective tax rate of the richer person is 30%. At these rates, the poor person would give up $1,500 in taxes while the richer person would give up $30,000 in taxes. The rich person's tax rate is only 2x that of the poor person's and so this is seen as much less progressive than country A.