commodity tax
11Inflation tax — An inflation tax is an analogous pejorative for the economic disadvantage suffered by holders of cash and cash equivalents in one denomination of currency due to the effects of inflation, which acts as a hidden tax that subtracts value from those …
12Optimal tax — theory is the study of how best to design a tax to minimize distortion and inefficiency subject to increasing set revenues through distortionary taxation.[1] A neutral tax is a theoretical tax which avoids distortion and inefficiency… …
13consumption tax — a tax, as a sales tax, levied on consumer goods or services at the time of sale. [1900 05] * * * Levy such as an excise tax, a sales tax, or a tariff paid directly or indirectly by the consumer. Consumption taxes fall more heavily on lower income …
14use tax — /yoohs/ a state tax imposed on goods purchased outside a state for which state sales tax has not been paid. * * * levy on the use or possession of a commodity. Under the principle that the taxpayer should pay according to the benefits… …
15value-added tax — an excise tax based on the value added to a product at each stage of production or distribution: value added is arrived at by subtracting from the total value of the product at the end of each production or distibution stage the value of the… …
16purchase tax — noun : a tax imposed in Great Britain upon various commodities at rates graduated according to the degree of luxury or necessity of the particular commodity * * * Brit. a sales tax on nonessential and luxury goods. [1935 40] * * * purchase tax… …
17List of United States Supreme Court cases on commodity and futures regulation — This is a chronological list of significant US Supreme Court cases in the area of commodity and futures regulation.* Ware Leland v. Mobile County, 209 U.S. 405 , 28 Sup. Ct. 526, 14 Ann. Cas. 1031 (1908). Contracts for the sales of cotton for… …
18turnover tax — noun Britain : a tax on total transactions or gross sales usually applicable to all sales of commodities by manufacturers, wholesalers, and retailers * * * turnover tax noun A tax paid every time goods change hands during manufacture and… …
19excise tax — Federal or state tax placed on the sale or manufacture of a commodity, typically a luxury item e.g., alcohol. Bloomberg Financial Dictionary * * * excise tax excise tax ➔ tax1 * * * excise tax UK US noun [C or U] US TAX ► EXCISE DUTY(Cf. ↑ …
20Windfall Tax — A tax levied by governments against certain industries when economic conditions allow those industries to experience above average profits. Windfall taxes are primarily levied on the companies in the targeted industry that have benefited the most …
