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Means the more an individual earns, the greater the percentage he or see will pay in income tax. (Ex: Income tax) |
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A tax that has the same impact on the wealthy as on other economic classes. (Ex Sales tax) |
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Money the government collects to pay to retired or disabled people. |
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A tax levied on certain goods such as alcohol, tobacco, and gasoline. |
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Payments made to local governments based on the value of the land or buildings. The payments are made by the property owners. They used this tax for schools |
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a tax on imports entering a country from a foreign country. Only on certain goods from that country |
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The act of prohibition (stopping) trade with another country. |
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