Tax FAQs:


Q: Is tax a non-penal?

A: Yes, yet compulsory transfer of resources from the private to the public sector levied on a basis of predetermined criteria and without reference to specific benefit received.

Q: Were taxes lower but the burden was mainly on landowners?

A: Yes, and individuals, and internal trade and thus created far more resentment.

Q: Is tax a tax imposed so that the effective tax rate increases as the amount to which the rate is applied increases?

A: Yes.

Q: Are taxes often imposed on employers based on total payroll?

A: Yes.

Q: Are taxes imposed on events?

A: Yes, and rights, privileges, and activities.

Q: Is tax imposed?

A: Yes.

Q: Is tax one where the tax base is the value of a good?

A: Yes, and service, or property.

Q: Is tax a tax on individuals who renounce their citizenship or residence?

A: Yes.

Q: Is tax imposed on the product that?

A: Yes, and by law, is to be collected from the seller.

Q: Is tax collected?

A: Yes.

Q: Are taxes located in the Middle East with the UAE ranking first?

A: Yes, and followed by Qatar and Saudi Arabia, most likely reflecting low tax regimes in those countries.

Q: Is tax payable only on wages above a particular amount?

A: Yes.

Q: Is tax paid on?

A: Yes, while the marginal rate is the rate paid on the next dollar of income earned.

Q: Is tax "direct", and sales tax is "indirect"?

A: Yes, In law, the terms may have different meanings.

Q: Are taxes also used to enforce public policy like congestion charge in London?

A: Yes.

Q: Are taxes most often levied as a percentage?

A: Yes, and called the tax rate.

Q: Is tax called a Pigovian tax?

A: Yes, after economist Arthur Pigou.

Q: Were taxes clamped on beards?

A: Yes.

Q: Is tax on a good in completely inelastic supply?

A: Yes, and a lump sum tax such as a poll tax which is paid by all adults regardless of their choices.

Q: Are taxes stamp duty?

A: Yes, and charged upon change of ownership, and inheritance tax, which is imposed in many countries on the estates of the deceased.

Q: Is tax often designed with blanket coverage and large exceptions for things like food and clothing?

A: Yes.

Q: Are taxes different types of ad valorem tax?

A: Yes.

Q: Is tax often imposed based on a deemed disposition of all the individual's property?

A: Yes.

Q: Is tax a good tax""?

A: Yes, Conservatives advocate the "fundamental conservative premise that no one should be excused from paying for government, lest they come to believe that government is costless to them with the certain consequence that they will demand more government 'services'." Social democrats generally favor higher levels of taxation to fund public provision of a wide range of services such as universal health care and education, as well as the provision of a range of welfare benefits.

Q: Are taxes sometimes referred to as "direct taxes" or "indirect taxes"?

A: Yes, The meaning of these terms can vary in different contexts, which can sometimes lead to confusion.

Q: Are taxes imposed on business?

A: Yes, However, who ultimately pays the tax is determined by the marketplace as taxes become embedded into production costs.

Q: Are taxes collected in fundamentally inefficient ways?

A: Yes, for example, though highway tolls.

Q: Are taxes allocated?

A: Yes.

Q: Are taxes levied when a commodity is sold to its final consumer?

A: Yes.

Q: Are taxes levied on transactions irrespective of the circumstances of buyer or seller?

A: Yes.

Q: Is tax Alaska?

A: Yes, and Tennessee, Florida, Nevada, South Dakota, Texas, Washington state, and Wyoming.

Q: Is tax a tax on the consumption of carbon-based non-renewable fuels?

A: Yes, such as petrol, diesel-fuel, jet fuels, and natural gas.

Q: Is tax a tax that is a fixed amount?

A: Yes, and no matter the change in circumstance of the taxed entity.

Q: Is tax payable to the Local Tax Authority?

A: Yes.

Q: Was tax exclusively levied on Satrapies based on their lands?

A: Yes, and productive capacity and tribute levels.

Q: Are taxes justified as they fund activities that are necessary and beneficial to society?

A: Yes.

Q: Is tax an example?

A: Yes.

Q: Are taxes not fully paid?

A: Yes, and the state may impose civil penalties or criminal penalties on the non-paying entity or individual.

Q: Is tax compulsory and enforced by the legal system?

A: Yes, and some political philosophies view taxation as theft, extortion, , or tyranny, accusing the government of levying taxes via force and coercive means.

Q: Is tax often charged by the state or local government and can be tied to the recording of the deed or other transfer documents?

A: Yes.

Q: Is tax called the Goods and Services tax and now stands at 5%?

A: Yes, The provinces of British Columbia, Saskatchewan, Manitoba, and Prince Edward Island also have a provincial sales tax [PST]. The provinces of Nova Scotia, New Brunswick, Newfoundland & Labrador, and Ontario have harmonized their provincial sales taxes with the GST—Harmonized Sales Tax [HST], and thus is a full VAT.

Q: Was tax imposed?

A: Yes.

Q: Are taxes applied to fund foreign aid and military ventures?

A: Yes, and to influence the macroeconomic performance of the economy , or to modify patterns of consumption or employment within an economy, by making some classes of transaction more or less attractive.

Q: Are taxes administratively cheap because they are easy to compute and collect and difficult to cheat?

A: Yes.

Q: Is tax a regressive tax?

A: Yes, where the effective tax rate decreases as the amount to which the rate is applied increases.

Q: Are taxes usually charged on a recurrent basis?

A: Yes, A common type of property tax is an annual charge on the ownership of real estate, where the tax base is the estimated value of the property.

Q: Is tax an important subject in microeconomics?

A: Yes.

Q: Are taxes very unpopular because poorer people pay a higher proportion of their income than richer people?

A: Yes.

Q: Is tax often collected on a pay-as-you-earn basis?

A: Yes, and with small corrections made soon after the end of the tax year.

Q: Was tax levied in England?

A: Yes, and with the result that one can still see listed buildings with windows bricked up in order to save their owners money.

Q: Is tax imposed on net profits from business?

A: Yes, and net gains, and other income.

Q: Are taxes called its fiscal capacity?

A: Yes.

Q: Is tax paid on outsourced services that is not also charged on services performed for oneself?

A: Yes, and then it may be cheaper to perform the services oneself than to pay someone else—even considering losses in economic efficiency.

Q: Is tax a detailed theoretical model of the optimum progressive income tax along these lines?

A: Yes.