Consumption Taxes financial definition of Consumption Taxes. Consumption Taxes finance term by the Free Online Dictionary.

Consumption tax

Consumption Tax

A tax only on income that one spends on goods and services. A common example of a consumption tax is a sales tax. Most countries have consumption taxes at some level and proposals exist in the United States to shift from a mainly progressive tax system to a system that utilizes consumption taxes predominantly or exclusively. Proponents of a consumption tax argue that it encourages saving and makes the economy more efficient, while opponents maintain that it adversely affects the poor, who must, by necessity, spend more of their income.

consumption tax

A tax levied on individual commodities or services and included as part of the retail price of those commodities or services paid by consumers. For example, a 25¢ tax levied on a pack of cigarettes is a consumption tax. Consumption taxes are advocated by many people as an inducement to increase savings in the economy. These people argue that the present taxation of income penalizes savers and rewards spenders. Compare excise tax, value-added tax.

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Excise Tax Imposto de consume Impot de consummation Impuesto al consume Value-Added Tax	Since the State Council's decision to keep the consumption taxes unchanged, Beijing has said it was studying reforms of the fuel pricing mechanism and the possibility of lowering pump prices and scrapping road tolls. China decides to leave fuel tax rates unchanged in 2009 by Oil & Gas News Meanwhile, aiming at securing funding to cover ballooning social security costs, the new economic stimulus package specifies that a future course of reforms on individual and corporate income taxes, property taxes and consumption taxes will be spelled out at the year-end as part of a drastic overall reform of the tax system. Japanese editorial excerpts by Japan Policy & Politics 77 billion yen, with declines in receipts from corporate and consumption taxes, the Finance Ministry said Thursday. Japan's tax revenues slip 2.2% in March on year by Japan Weekly Monitor	Consumer Advisory Council Consumer Class Consumer Confidence Index Consumer Credit Consumer Credit Protection Act Consumer Credit Protection Act of 1968 Consumer Debenture Consumer Debt Consumer Durables Consumer Finance Company Consumer Goods Consumer Interest Consumer Internet Barometer consumer mortgage consumer price index Consumer Product Consumer Product Safety Commission Consumer Products Safety Act of 1972 Consumer Products Safety Commission Consumer Protection Telemarketing Act Consumer Reporting Agency Consumer Staples Consumismo Consumo Consumption Tax Consumption Taxes Conta corrente Conta de garantia bloqueada Contabile Contabilidad a costo de reposicion Contabilidad de la inflacion Contabilidade Contabilidade de custos Contabilizacao dos efeitos da inflacao Contador Contador publico nacional Contagion contamination Contango Contas a pagar Contas a receber Contas de Grupo Contate Contencao voluntaria das exportacoes Conti di Gruppo contiguous Contingency contingency clause Contingency Graph Contingency Order Contingent	CONSUMP consumptio consumption consumption consumption consumption consumption Consumption (biology) Consumption (biology) Consumption (biology) Consumption (disease) Consumption (disease) Consumption (disease) Consumption (economics) Consumption (economics) Consumption Based Asset Pricing Model Consumption Based Ordering Consumption Capital Asset Pricing Model consumption coagulopathy Consumption Entry Consumption Fund Consumption Junction Consumption of fixed capital Consumption of Materials Consumption of the bowels Consumption Possibility Frontier consumption rate Consumption tax Consumption tax Consumption tax Consumption Taxes consumption thrombocytopenia consumption thrombocytopenia consumption thrombocytopenia consumption thrombohemorrhagic disorder Consumption Variation consumption weed Consumption, Average per Capita Consumption, Nonproductive Consumption, Personal Consumption, Productive consumptive consumptive consumptive consumptive behavior consumptive behavior consumptive behavior consumptive behavior Consumptive coagulopathy Consumptive coagulopathy consumptive use Consumptive Use Permit Consumptive weed Consumptive's Weed consumptively consumptively consumptively Consumptiveness consumptives consumptives consumptives

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Excise Tax
Imposto de consume
Impot de consummation
Impuesto al consume
Value-Added Tax

Since the State Council's decision to keep the consumption taxes unchanged, Beijing has said it was studying reforms of the fuel pricing mechanism and the possibility of lowering pump prices and scrapping road tolls.

China decides to leave fuel tax rates unchanged in 2009 by Oil & Gas News

Meanwhile, aiming at securing funding to cover ballooning social security costs, the new economic stimulus package specifies that a future course of reforms on individual and corporate income taxes, property taxes and consumption taxes will be spelled out at the year-end as part of a drastic overall reform of the tax system.

Japanese editorial excerpts by Japan Policy & Politics

77 billion yen, with declines in receipts from corporate and consumption taxes, the Finance Ministry said Thursday.

Japan's tax revenues slip 2.2% in March on year by Japan Weekly Monitor

Consumer Advisory Council

Consumer Class

Consumer Confidence Index

Consumer Credit

Consumer Credit Protection Act

Consumer Credit Protection Act of 1968

Consumer Debenture

Consumer Debt

Consumer Durables