Regressive Tax in Taxation A regressive tax is a tax imposition that is applied uniformly, taking a larger percentage of income from low-income earners than from high-income earners. It is
Gift Tax in Taxation The gift tax is a tax imposed by the federal government on the transfer of property by one individual to another while receiving nothing, or less
Indirect Tax in Taxation An Indirect tax is a tax on the consumption or use of a good or service. It is also known as a consumption tax or turnover
Corporation Tax in Taxation A corporation tax is a tax that is charged on the profits of a company. This tax is important because it helps to fund many different
Excise Tax in Taxation Excise tax helps to discourage consumption and to fund government programs. It is an important source of revenue for the government, and it is a tool