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Types of Taxes

Capitation, a Fixed tax Charged per Person
Capitation, a Fixed tax Charged per Person

tax payment principle wherein taxes are taken out of something and paid ... tariff (tax on international trade), capitation (fixed tax charged per person), ...

source: quizlet.com
Consumption tax
Consumption tax

A consumption tax is a tax on the purchase of a good or service. Consumption taxes can take the form of sales taxes, tariffs, excise, and other taxes on consumed goods and services. Consumption tax can also refer to a taxing system as a whole in which people are taxed based on how much they consume rather than how much they add to the economy (income tax).

Estate Tax, Gift Tax

What's New - Estate and Gift Tax Stay up to date with the tax law changes related to estate and gift taxes. Deceased Taxpayers - Probate, Filing Estate and Individual Returns, Paying Taxes Due Information to help you resolve the final tax issues of a deceased taxpayer and their estate.

source: irs.gov
Fees and Tolls
Fees and Tolls

With both a fee or toll and a tax, someone is paying money to the government but there is a big difference between the two. With a fee or a toll, you are paying money because you are receiving a service from the government.

source: mdpolicy.org
image: howldb.com
Hotel Tax
Hotel Tax

Hotel-occupancy taxes have long been around, but they’re on the rise. Less than a year ago Connecticut raised its tax from 12 percent to 15 percent. Villages across Westchester County, north of New York City, are now allowed to tack a 3 percent bed tax on top of the existing 10.38 percent hotel tax.

Income Tax
Income Tax

By law, businesses and individuals must file an income tax return every year to determine whether they owe any taxes or are eligible for a tax refund. Income tax is a key source of funds that the government uses to fund its activities and serve the public.

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Payroll tax
Payroll tax

Payroll Tax Transparency. Besides the fact that the federal government’s imposition of “employer-side” payroll taxes is misleading, it also leads to a possible problem: it masks the costs of the programs that payroll taxes pay for. That is, rather than directly listing the ordinary taxpayers’ share of payments for Social Security and Medicare, half of the taxes that fund the programs are hidden from workers, in the form of lower wages.

Property tax
Property tax

A property tax or millage rate is an ad valorem tax on the value of a property, usually levied on real estate. The tax is levied by the governing authority of the jurisdiction in which the property is located.

Sales Tax
Sales Tax

The Sales Tax Deduction Calculator can help you determine the amount of optional state and local sales tax you can claim on Schedule A of Form 1040.

source: irs.gov
Sin Tax
Sin Tax

Sin Taxes are Excise Taxes. What is an excise tax, you ask? The definition of an excise tax is a tax levied on certain specific goods or activities. Whereas a sales tax is a blanket consumption tax on all goods (often with the exception of groceries), excise taxes single out certain goods for an extra tax hit.

Tariff (Taxes on International Trade)
Tariff (Taxes on International Trade)

A tariff or customs duty is a tax levied upon goods as they cross national boundaries, usually by the government of the importing country. The words tariff, duty, and customs are generally used interchangeably.

source: scm.ncsu.edu
United States Taxes
United States Taxes

Based on the summary of federal tax income data in 2009, with a tax rate of 35%, the highest earning 1% of people paid 36.7% of the United States' income tax revenue. In 2012, President Obama announced plans to raise the two top tax rates from 35% to 39.6% and from 33% to 36%.