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5.1 Flat Tax & Political Philosophy

5.1 Flat Tax & Political Philosophy
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  • Math Help

    On page 206, the common definitions of direct tax and indirect tax are given. According to United States constitutional law, however, a direct tax usually means a tax on property. An indirect tax is usually a tax imposed upon a right or privilege, such as a franchise tax. Unless otherwise noted, whenever direct tax or indirect tax is mentioned in the text, use the definitions given on page 206.

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    system user
    Cody (moderator)6 years ago |
    Indirect taxes can be a major revenue earner for the government during major consumer holiday's such as Christmas or Valentines Day. You can read about the effect that indirect taxes had on Valentines Day for the year 2012 over at andYOU.com/blog.

    http://www.andyou.com/blog/math-in-the-news/math-in-the-news-taxes/
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    system user
    Guest   6 years ago |
    Excise taxes on liquor, gasoline, and cigarettes are examples of indirect taxes.
    0
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