Tax administration
A tax (from the Latin taxo; "rate") is a financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state to fund various publi...
Tax administration - Wikipedia
Obama tax plan: Middle-class credits, increases for rich
In his State of the Union speech, President will call on Congress to simplify a tax code he deems overly complicated and weighted toward wealthy Americans.
Tax rate
In a tax system and in economics, the tax rate describes the ratio (usually expressed as a percentage) at which a business or person is taxed. There are several methods used to present a tax rate: st...
Direct tax
A direct tax is generally a tax paid directly to the government by the person on whom it is imposed.
In a general sense, a direct tax is one imposed upon an individual person (juristic or natural)...
Indirect tax
An indirect tax (such as sales tax, a specific tax, value added tax (VAT), or goods and services tax (GST)) is a tax collected by an intermediary (such as a retail store) from the person who bears the...
Income tax
An income tax is a government levy (tax) imposed on individuals or entities (taxpayers) that varies with the income or profits (taxable income) of the taxpayer. Details vary widely by jurisdiction. Ma...
Income tax - Wikipedia
Capital gains tax
A capital gains tax (CGT) is a tax on capital gains, the profit realized on the sale of a non-inventory asset that was purchased at a cost amount that was lower than the amount realized on the sale. T...
Corporate tax
Many countries impose corporate tax, also called corporation tax or company tax, on the income or capital of some types of legal entities. A similar tax may be imposed at state or lower levels. The ...
Property tax
A property tax (or millage tax) is a levy on property that the owner is required to pay. The tax is levied by the governing authority of the jurisdiction in which the property is located; it may be pa...
Inheritance tax
An inheritance tax or estate tax is a levy paid by a person who inherits money or property or a tax on the estate (money and property) of a person who has died. In international tax law, there is a di...
Expatriation Tax
An expatriation tax or emigration tax is a tax on persons who cease to be tax resident in a country. This often takes the form of a capital gains tax against unrealised gain attributable to the period...
Transfer tax
A transfer tax is a tax on the passing of title to property from one person (or entity) to another.In a narrow legal sense, a transfer tax is essentially a transaction fee imposed on the transfer of t...
Wealth tax
A wealth tax (also called a capital tax, equity tax, or net worth tax) is a levy on the total value of personal assets, including owner-occupied housing; cash, bank deposits, money funds, and savings ...
Value-added tax
A value-added tax (VAT) or also goods and services tax (GST) is a form of consumption tax. From the perspective of the buyer, it is a tax on the purchase price. From that of the seller, it is a tax o...
Sales tax
A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow (or require) the seller to collect funds for the tax from the consumer at the point of pur...
Sales tax - Wikipedia
Excise
An excise or excise tax (sometimes called a special excise duty) is an inland tax on the sale, or production for sale, of specific goods or a tax on a good produced for sale, or sold, within a country...
Excise - Wikipedia
Tariff
A tariff is a tax on imports or exports (an international trade tariff), or a list of prices for such things as rail service, bus routes, and electrical usage (electrical tariff, etc.)
The small S...
Tariff - Wikipedia
Poll tax
The term "poll tax" refers to different, related forms of taxation depending on where the term is employed:
Ad valorem
An ad valorem tax (Latin for "according to value") is a tax based on the value of real estate or personal property. It is typically imposed at the time of a transaction, as in the case of a sales tax ...
Consumption tax
A consumption tax is a tax on spending on goods and services. The tax base of such a tax is the money spent on consumption. Consumption taxes are usually indirect, such as a sales tax or a value added...
Ecotax
Ecotax (short for Ecological taxation) refers to taxes intended to promote environmentally friendly activities via economic incentives. Such a policy can complement or avert the need for regulatory (c...
Gas Guzzler Tax
The Energy Tax Act (Pub.L. 95–618, 92 Stat. 3174, enacted November 9, 1978) is a law passed by the U.S. Congress as part of the National Energy Act. The objective of this law was shift from ...
Polluter pays principle
In environmental law, the polluter pays principle is enacted to make the party responsible for producing pollution responsible for paying for the damage done to the natural environment. It is regarded...
Tax incidence
In economics, tax incidence is the analysis of the effect of a particular tax on the distribution of economic welfare. Tax incidence is said to "fall" upon the group that ultimately bears the burden o...
Effect of taxes and subsidies on price
Taxes and subsidies change the price of goods and, as a result, the quantity consumed.
Marginal subsidies on production will shift the supply curve to the right until the vertical distance between...
Effect of taxes and subsidies on price - Wikipedia
Social contract
In moral and political philosophy, the social contract or political contract is a theory or model, originating during the Age of Enlightenment, that typically addresses the questions of the origin of ...
Tax noncompliance
Tax noncompliance is a range of activities that are unfavorable to a state's tax system. This may include tax avoidance, which is tax reduction by legal means, and tax evasion which is the criminal no...
Taxation as theft
The identification of taxation as theft is a viewpoint found in a number of political philosophies. Under this view, government transgresses property rights by enforcing compulsory tax collection. Aut...
Taxation as theft - Wikipedia
Laffer curve
In economics, the Laffer curve is one possible representation of the relationship between rates of taxation and the hypothetical resulting levels of government revenue. The Laffer curve claims to illu...
Laffer curve - Wikipedia
Optimal tax
Optimal tax theory or the theory of optimal taxation is the study of designing and implementing a tax that reduces inefficiency and distortion in the market under given economic constraints. Generally...