Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as retailers or producers, who then pass the payments to the government.
An indirect tax is a form of taxation where the tax is collected by an intermediary, such as a manufacturer or retailer, and then passed onto the consumer through the price of a good or service.
Defending the right to collect indirect taxes ... corporate, and estate tax rates. The law made a series of concessions, including cutting tax rates across various income tax brackets.
Indirect taxes (generally understood as falling on articles of consumption) did not lend themselves to congressional abuse (for reasons that will be described presently), but the Framers believed ...
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How would Trump's tariffs affect Georgians? Studies show they would pay more in indirect taxesIt is inflationary in that sense and simply reflects the law of supply and demand in action ... A tariff, then, is an indirect tax rather than a direct tax on U.S. citizens.
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