tax on consumer goods
31Tax cut — A tax cut is a reduction in taxes. Economic stimulus via tax cuts, along with interest rate intervention and deficit spending, are one of the central tenets of Keynesian economics.Economic theoryThe immediate effects of a tax cut are not,… …
32Tax And Price Index - TPI — A measure of the percentage that a consumer s income would have to adjust by in order to maintain the same level of purchasing power. The tax and price index (TPI) takes into account changes in retail prices due to inflation, as well as changes… …
33goods and services tax — noun a tax on the consumption of goods and services, imposed on the value (usually defined as sales less purchases) that is added at each stage of the manufacturing and distribution process and levied at the point of sale to the final consumer.… …
34purchase tax — tax added to the cost of consumer goods …
35Value added tax — Taxation An aspect of fiscal policy …
36Ad 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 …
37National Sporting Goods Association — History The National Sporting Goods Association (NSGA) has worked on behalf of retailers and dealers since the association’s founders fought an unjust tax on sporting goods in 1927. South Carolina’s General Assembly had approved a 10 percent tax… …
38income tax — a tax levied on incomes, esp. an annual government tax on personal incomes. [1790 1800] * * * Levy imposed by public authority on the incomes of persons or corporations within its jurisdiction. In nations with an advanced system of private… …
39indirect tax — noun a tax levied on goods or services rather than on persons or organizations • Hypernyms: ↑tax, ↑taxation, ↑revenue enhancement • Hyponyms: ↑hidden tax, ↑duty, ↑tariff, ↑excise, ↑ …
40United States Consumer Price Index — The U.S. Consumer Price Index is a time series measure of the price level of consumer goods and services. The Bureau of Labor Statistics, which started the statistic in 1919, publishes the CPI on a monthly basis. The CPI is calculated by… …
