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a tax, as a sales tax, levied on consumer goods or services at the time of sale.
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for
without similar exceptions is equally incredible.
There are many different ways to implement a
, but for simplicity think about a national sales tax.
Because this particular breed of
is extraordinarily efficient at raising revenues.
The key difference between income tax and
has to do with the treatment of savings and investment.
Anyone wanting to eat into their savings in later tax periods is taxed by the
Rather than targeting financial speculation, it would essentially be a
At present the public appears ambivalent: polls suggest mixed feelings on both free trade and a higher
He is also considering whether to raise the
to help pay for the clean-up.
One would allow an unlimited exemption for saving, in effect turning the current income tax into a
and value-added tax is added for gasoline and diesel fuels.
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Nearby words for consumption tax
consumer price index
consumer product safety commission