罗森财政学课件chap19.pptVIP

Chapter 19 – Taxes on Consumption and Wealth Public Finance Introduction There is substantial dissatisfaction with the federal personal and corporate income tax systems. One possibility is to adopt a consumption tax, whose base is actual consumption. Another possibility is a tax on wealth, whose base is accumulated saving. Retail Sales Tax Several types of sales taxes levied on a wide variety of commodities: General sales tax impose the same tax rate on the purchase of all commodities. Selective sales tax is levied at different rates on the purchase of different commodities. Also known as exc