consumption tax

noun

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

Word History and Origins

Origin of consumption tax¹

First recorded in 1900–05

Example Sentences

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

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

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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.

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

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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.

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