Is consumption tax the same as sales tax 2024?
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Studied at the University of Vienna, Lives in Vienna, Austria.
Consumption taxes can take the form of sales taxes, tariffs, excise and other taxes on consumed goods and services. The term can also refer to a taxing system as a whole where people are taxed based on how much they consume rather than how much they add to the economy (income tax).
2023-05-15 00:08:04
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Benjamin Lee
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Consumption taxes can take the form of sales taxes, tariffs, excise and other taxes on consumed goods and services. The term can also refer to a taxing system as a whole where people are taxed based on how much they consume rather than how much they add to the economy (income tax).