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consumption tax

American  

noun

  1. a tax, as a sales tax, levied on consumer goods or services at the time of sale.


Etymology

Origin of consumption tax

First recorded in 1900–05

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Consumption tax on small cars, television sets and air conditioners will drop from 28% to 18%.

From BBC

In its recent campaign, the party made populist pledges such as consumption tax cuts and an increase in child benefits.

From BBC

They wanted something guaranteed and they were willing to pay more taxes, particularly a consumption tax they thought could be raised to finance the pension system.

From Salon

The government killed the proposal for privatization and adopted the proposal of raising the consumption tax instead.

From Salon

The two most effective: a 40% minimum recycled content mandate for new plastic products, followed by a cap on new plastic production, in addition to a plastic consumption tax and increased investment in waste management systems.

From Los Angeles Times