luxuries tax
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regressive tax — Tax levied at a rate that decreases as its base increases. Regressivity is considered undesirable because poorer people pay a greater percentage of their income in tax than wealthier people. Consumption taxes and sales taxes are usually… … Universalium
luxury tax — a tax on certain goods or services not considered essential and usually relatively high in price. [1900 05] * * * Excise levy on goods or services considered to be luxuries rather than necessities (e.g., jewelry and perfume). Luxury taxes may be… … Universalium
Progressive tax — A progressive tax is a tax imposed so that the tax rate increases as the amount subject to taxation increases. [ [http://www.merriam webster.com/dictionary/Progressive Webster] (4b): increasing in rate as the base increases (a progressive tax)] [ … Wikipedia
Ad valorem tax — An ad valorem tax (Latin: according to value ) is a tax based on the value of real estate or personal property.An ad valorem tax is typically imposed at the time of a transaction (a sales tax or value added tax (VAT)), but it may be imposed on an … Wikipedia
Luxury tax — For the special case of the term luxury tax applied to the salaries of athletes, see Luxury tax (sports) A luxury tax is a tax on luxury goods products not considered essential. A luxury tax may be modeled after a sales tax or VAT, charged as a… … Wikipedia
Luxury Tax — A tax placed on products or services that are deemed to be unnecessary or non essential. This type of tax is an indirect tax in that the tax increases the price of the good or service and is only incurred by those who purchase or use the product … Investment dictionary
sin tax — noun : a tax on substances or activities traditionally considered sinful (as tobacco, liquor, or gambling) * * * Informal. a tax levied on cigarettes, liquor, gambling, or other things considered neither luxuries nor necessities. [1970 75] * * *… … Useful english dictionary
sin tax — sin′ tax n. ecn bus inf a tax levied on items, as cigarettes or liquor, considered neither luxuries nor necessities • Etymology: 1960–65 … From formal English to slang
sin tax — Informal. a tax levied on cigarettes, liquor, gambling, or other things considered neither luxuries nor necessities. [1970 75] * * * … Universalium
excise tax — noun Any of various taxes levied on the production or sale of certain goods, especially on luxuries, tobacco, alcohol etc. See Also: exciseman … Wiktionary
Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… … Universalium
