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Flat tax, an income tax where everyone pays the same tax rate. Gift tax, a tax on gifts given (generally paid by the person making the gift, not by the recipient). Gross receipts tax, a tax on revenues received by a corporation, even if they don't profit. Hall–Rabushka flat tax, a flat tax on income that excludes investments.
The highest sales tax in Washington is on liquor. The spirits sales tax is 20.5% of the value of the product purchased [216] and a $3.7708 per liter spirits liter tax is assessed on spirits sold to consumers. [217] 1 April 2008 saw tax increases in King County (+.001), Kittitas County (+.003), Mason County (+.001), and the city of Union Gap ...
Federal excise tax revenue from tobacco products peaked in fiscal year 2010 at $17.2 billion after the increase in tobacco product tax rates in the Children's Health Insurance Program Reauthorization Act of 2009. This tax increase, which took effect in April 2009, was the most recent time federal tobacco tax rates were changed.
In some jurisdictions of the United States, there are multiple levels of government which each impose a sales tax. For example, sales tax in Chicago (Cook County), IL is 10.25%, consisting of 6.25% state, 1.25% city, 1.75% county and 1% regional transportation authority. Chicago also has the Metropolitan Pier and Exposition Authority tax on ...
Taxes on products or services that are considered harmful are referred to as sin taxes. Some examples include taxes on alcohol, gambling, and even fast food. One example of a sin tax is Utah's 10% ...
Many states have eliminated sales tax on tampons, pads and other period products, but 21 still impose them. A map shows which states have a so-called tampon tax.
an excise is typically heavier, accounting for a higher fraction of the retail price of the targeted products. Typical examples of excise duties are taxes on alcohol and alcoholic beverages ; alcohol tax, for example, may consist of a levy of n euros per hectolitre of alcohol sold ; manufactured tobacco (cigars, cigarettes, etc.), energy ...
Not only is the tax rate increasing, but the government is also levying new taxes. For example, a relatively new trend is the collection of excise taxes on health-related products (non-alcoholic beverages and tobacco products), such as fast food taxes and sugar taxes on “unhealthy” foods.