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  2. Sales taxes in the United States - Wikipedia

    en.wikipedia.org/wiki/Sales_taxes_in_the_United...

    There are annual sales tax holidays, such as a back-to-school tax holiday in August on clothing, shoes and school supplies under a certain price that may change each year, as well as one in June 2007 to promote hurricane preparedness. The 2008 Legislators did not enact any sales tax holidays.

  3. Sales tax - Wikipedia

    en.wikipedia.org/wiki/Sales_tax

    For example, sales tax in Chicago (Cook County), IL is 10.25%, consisting of 6.25% state, 1.25% city, 1.75% county and 1% regional transportation authority. Chicago also has the Metropolitan Pier and Exposition Authority tax on food and beverage of 1% (which means eating out is taxed at 11.25%).

  4. Tax Increment Reinvestment Zone - Wikipedia

    en.wikipedia.org/wiki/Tax_Increment_Reinvestment...

    Tax Increment Reinvestment Zone. A tax increment reinvestment zone (TIRZ) is a political subdivision of a municipality or county in the state of Texas created to implement tax increment financing. They may be initiated by the city or county or by petition of owners whose total holdings in the zone consist of a majority of the appraised property ...

  5. Harris calls Trump’s tariff proposals a ‘sales tax on the ...

    www.aol.com/news/harris-calls-trumps-tariff...

    Vice President Kamala Harris called former President Donald Trump's tariff proposals "a sales tax on the American people," in an interview with MSNBC’s Stephanie Ruhle.

  6. Tax Cuts and Jobs Act - Wikipedia

    en.wikipedia.org/wiki/Tax_Cuts_and_Jobs_Act

    The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, [2] Pub. L. Tooltip Public Law (United States) 115–97 (text), is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs Act (TCJA), [3] [4] that amended the Internal Revenue Code of 1986.

  7. Tax incentive - Wikipedia

    en.wikipedia.org/wiki/Tax_incentive

    A tax incentive is an aspect of a government's taxation policy designed to incentivize or encourage a particular economic activity by reducing tax payments. Tax incentives can have both positive and negative impacts on an economy. Among the positive benefits, if implemented and designed properly, tax incentives can attract investment to a country.

  8. Amazon tax - Wikipedia

    en.wikipedia.org/wiki/Amazon_tax

    According to a report released by Fair Tax Mark in 2019, Amazon is the best actor of tax avoidance, having paid a 12% effective tax rate between 2010 and 2018, in contrast with 35% corporate tax rate in the US during the same period. Amazon countered that it had an 24% effective tax rate during the same period.

  9. Proportional tax - Wikipedia

    en.wikipedia.org/wiki/Proportional_tax

    Taxation. A proportional tax is a tax imposed so that the tax rate is fixed, with no change as the taxable base amount increases or decreases. The amount of the tax is in proportion to the amount subject to taxation. [1] ". Proportional" describes a distribution effect on income or expenditure, referring to the way the rate remains consistent ...

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