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Consumption tax

Business Consumption functionContagion

Consumption Tax
A consumption tax is a charge levied on spending for goods and services. Often a consumption tax will be a percentage of the total price of the purchased goods or services.

 


The case for a consumption tax is that the tax wedge created by taxing capital income does enormous long-term damage to the economy. Taxing interest, dividends, and capital gains penalizes thrift by taxing away part of the return to saving.

CONSUMPTION TAX - See: Value-added tax
CONTAGION - Excess correlation of delivering or bond returns. For example, under usual conditions we mi...

Consumption Taxes: Taxes on consumption -- purchases of goods and services -- levied by both the federal and provincial governments.

Consumption Tax
See Goods and Services Tax.
Contango
A relationship in which spot or cash prices are lower than futures (or forward) prices. (Opposite of Backwardation).

Consumption tax
Main article: Consumption tax
A consumption tax is a tax on non-investment spending, and can be implemented by means of a sales tax or by modifying an income tax to allow for unlimited deductions for investment or savings.

CONSUMPTION TAX: A tax on consumer's spending for goods, services and the other stuff they buy. One sort of consumption tax is the sales tax.

consumption tax
levy charged directly on a specified item or commodity. It may be viewed as an indirect form of taxation in that it is not contingent upon income but on consumption of an item.

A type of consumption tax that is placed on a product whenever value is added at a stage of production and at final sale. Value-added tax (VAT) is most often used in the European Union.

A consumption tax that is equal to the aggregate value added to the product at each stage of production. Value At Risk VAR. A technique which uses the statistical analysis of historical market trends...

Value added tax: an indirect consumption tax assessed on the value added to a product at each point in the cycle of production and distribution.

For example, a CONSUMPTION tax, such as VALUE-ADDED tax (see EXPENDITURE TAX). Contrast with DIRECT TAXATION, such as INCOME TAX.

A selective tax sometimes called a consumption tax on certain goods produced within or imported into a country. See also Border Tax Adjustments; Indirect Tax; Road Tax; Tax.
EXCHANGE RATE ...

What are the Advantages and Disadvantages of a Consumption Tax?
What is Tax Structuring?
What is the Tax Gap?

The CPI, as it is called, measures the prices of consumer goods and services and is a measure of the pace of US inflation. The US Department of Labor publishes the CPI every month.
Consumption tax
See: Value-added tax
Contagion ...

On the other hand, if you're in a lower bracket when you retire (or, even worse for the Roth, if the current income tax is replaced by a flat tax or consumption tax), then a traditional 401(k) would have been a better bet.

CONSUMPTION TAX -- Tax generally intended to fall on the ultimate consumption of goods and services.

See also: Expense, Saving, Mergers, Banks, Bills

Business Consumption functionContagion

 
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