A report on Tax

Total revenue from direct and indirect taxes given as share of GDP in 2017
Pieter Brueghel the Younger, The tax collector's office, 1640
Substitution effect and income effect with a taxation on y good.
Budget's constraint shift after an introduction of a lump sum tax or a general tax on consumption or a proportional income tax.
The Laffer curve. In this case, the critical point is at a tax rate of 70%. Revenue increases until this peak, then it starts decreasing.
General government revenue, in % of GDP, from social contributions. For this data, the variance of GDP per capita with purchasing power parity (PPP) is explained in 20% by social contributions revenue.
Egyptian peasants seized for non-payment of taxes. (Pyramid Age)
Public finance revenue from taxes in % of GDP. For this data, the variance of GDP per capita with purchasing power parity (PPP) is explained in 32% by tax revenue.
Diagram illustrating deadweight costs of taxes

Compulsory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national), and tax compliance refers to policy actions and individual behaviour aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs.

- Tax
Total revenue from direct and indirect taxes given as share of GDP in 2017

86 related topics with Alpha

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Pigovian tax effect on output

Pigovian tax

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Pigovian tax effect on output

A Pigovian tax (also spelled Pigouvian tax) is a tax on any market activity that generates negative externalities (i.e., external costs incurred by the producer that are not included in the market price).

The Tithe Pig, group in Derby Porcelain, c. 1770

Tithe

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The Tithe Pig, group in Derby Porcelain, c. 1770
Tithing in the Temple by Pierre Monier
A collection bag used in the Lutheran Church of Sweden to collect a portion of ones' tithes during the offertory
Public notice in England demanding tithe payments, 1837
Part of an 1842 tithe map including the small village of East Dundry near Bristol, England, with names of its fields and two farms. Note the tithe-officer signature and stamp near the top.
Tithe map for the property
Elmsett tithe memorial in Suffolk, England, opposite the parish church, protesting against a tithe seizure
The first page of chapter 28 of Besse's 'Collection of Sufferings', covering Herefordshire
Paragraph on prosecutions for non-payment of tithes in Herefordshire, 1674 (from page 258 of Besse's 'Sufferings of Quakers')
Casa de los Diezmos, Canillas de Aceituno, Málaga, Spain
The Village Lawyer or The Tax Collector's Office by Pieter Brueghel the Younger
The Tithe Barn, Abbotsbury, Dorset (scene of the sheep-shearing in Thomas Hardy's Far from the Madding Crowd)
Tithe barn at Bradford on Avon, West Wiltshire
Interior of the medieval tithe barn at Pilton, Somerset
Coggeshall near Braintree, Essex; the timber has been dated to between 1130 and 1270.

A tithe (from Old English: teogoþa "tenth") is a one-tenth part of something, paid as a contribution to a religious organization or compulsory tax to government.

Inheritance tax

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An inheritance tax is a tax paid by a person who inherits money or property of a person who has died, whereas an estate tax is a levy on the estate (money and property) of a person who has died.

General government revenue, in % of GDP, from direct taxes. For this data, the variance of GDP per capita with purchasing power parity (PPP) is explained in 43% by tax revenue.

Direct tax

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General government revenue, in % of GDP, from direct taxes. For this data, the variance of GDP per capita with purchasing power parity (PPP) is explained in 43% by tax revenue.

Although the actual definitions vary between jurisdictions, in general, a direct tax or income tax is a tax imposed upon a person or property as distinct from a tax imposed upon a transaction, which is described as an indirect tax.

Estate tax returns as a percentage of adult deaths, 1982–2008.

Estate tax in the United States

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Estate tax returns as a percentage of adult deaths, 1982–2008.
Top Estate Tax Rate, 1914–2018

The estate tax in the United States is a federal tax on the transfer of the estate of a person who dies.

A family support centre in Saint Peter Port, Guernsey, which provides assistance to families with children.

Welfare

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Type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter.

Type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter.

A family support centre in Saint Peter Port, Guernsey, which provides assistance to families with children.
Distributing alms to the poor, abbey of Port-Royal des Champs c. 1710.
An office of the Social Insurance Institution (KELA) in Seinäjoki, Finland
President Roosevelt signs the Social Security Act, 14 August 1935.
Welfare in America
A chart showing the overall decline of average monthly welfare benefits (AFDC then TANF) per recipient 1962–2006 (in 2006 dollars).

Government pension payments are financed through an 18.5% pension tax on all taxed incomes in the country, which comes partly from a tax category called a public pension fee (7% on gross income), and 30% of a tax category called employer fees on salaries (which is 33% on a netted income).

Use tax

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A use tax is a type of tax levied in the United States by numerous state governments.

Cowry shells being used as money by an Arab trader.

Currency

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Standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins.

Standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins.

Cowry shells being used as money by an Arab trader.
The world's oldest coin, created in the ancient Kingdom of Lydia.
Song dynasty Jiaozi, the world's earliest paper money
Name of currency units by country, in Portuguese
Strength of currencies relative to USD as of April 2016
Currencies exchange logo

Some currencies function as legal tender in certain jurisdictions, or for specific purposes, such as payment to a government (taxes), or government agencies (fees, fines).

Change over time of environmental and labour tax revenues for EU-27 member states. Source:European Environmental Agency

Ecotax

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Change over time of environmental and labour tax revenues for EU-27 member states. Source:European Environmental Agency

An ecotax (short for ecological taxation) or green tax is a tax levied on activities which are considered to be harmful to the environment and is intended to promote environmentally friendly activities via economic incentives.

Ad valorem tax

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An ad valorem tax (Latin for "according to value") is a tax whose amount is based on the value of a transaction or of property.