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sales tax

(Encyclopedia) sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of…

The Supreme Court: Sales Taxes on Mail Orders

Sales Taxes on Mail Orders The Supreme Court Taxing the Populace Taxes on Employee's Tip Income Gambling Taxes Collected at Native American Reservations Sales Taxes on Mail Orders Many of us…

value-added tax

(Encyclopedia) value-added tax (VAT), levy imposed on business at all levels of the manufacture and production of a good or service and based on the increase in price, or value, provided by each…

Townsend, Francis Everett

(Encyclopedia) Townsend, Francis EverettTownsend, Francis Everetttounˈzənd [key], 1867–1960, American reformer, leader of an old-age pension movement, b. Fairbury, Ill., grad. Univ. of Nebraska…

Ozawa, Ichiro

(Encyclopedia) Ozawa, Ichiro, 1942–, Japanese political leader. The son of a prominent politician, Ozawa was elected (1969) to his late father's parliamentary seat. Then a member of the ruling…

taxation

(Encyclopedia) taxation, system used by governments to obtain money from people and organizations. The revenue collected is used by the government to support itself and to provide public services.…

Look at These Prices!: Tinkering with Markets

Tinkering with MarketsLook at These Prices!IntroductionLet's Stretch: Elasticity of DemandWhat Determines Elasticity?Tinkering with MarketsThe Price You Gotta Pay Up to now we have been examining…

The Supreme Court: Taxing the Populace

Taxing the Populace The Supreme Court Taxing the Populace Taxes on Employee's Tip Income Gambling Taxes Collected at Native American Reservations Sales Taxes on Mail Orders As we discussed in…

L. Dennis Kozlowski, 2002 News

former chief executive of Tyco International, was indicted in June on charges that he avoided more than $1 million in sales taxes on six pieces of art he purchased in 2001 for $13.1 million…