This is a sales tax on specific items, such as cigarettes or Alcoholic Beverages. These may also be referred to as "sin taxes", under the conservative Christian belief that smoking and drinking are improper vices.
a sales tax on gasoline is an example of what type of tax
selective
general and selective (A+)
Sales taxes are either general and selective. It is not to be confused with the two types of taxes in general, which are:1) Direct Tax2)Indirect TaxDirect tax is the tax which is payed directly to the goverment by the people.And indirect tax is the charge that is collected by intermediary (like retail store) from the individual who holds the actual economic burden of the tax.
sales tax sales tax!
a sales tax on gasoline is an example of what type of tax
excise tax
selective
excise tax
Excise tax :)
general and selective (A+)
general and selective
The United States has a progressive tax method. This means that the more your earn to more tax percentage of your income you pay. This is a dangerous type of taxation in that we are approaching a time when almost 50% of the population pay no income taxes at all.
Sales taxes are either general and selective. It is not to be confused with the two types of taxes in general, which are:1) Direct Tax2)Indirect TaxDirect tax is the tax which is payed directly to the goverment by the people.And indirect tax is the charge that is collected by intermediary (like retail store) from the individual who holds the actual economic burden of the tax.
sales tax sales tax!
Sales tax, of course.
Sales Tax / Sales Tax Rate = Gross Sale