The tax base is the total amount of income, property, assets, consumption, transactions, or other economic activity subject to taxation by a tax authority. A narrow tax base is non-neutral and inefficient. A broad tax base reduces tax administration costs and allows more revenue to be raised at lower rates.| Tax Foundation
A consumption tax is typically levied on the purchase of goods or services and is paid directly or indirectly by the consumer in the form of retail sales taxes, excise taxes, tariffs, value-added taxes (VAT), or an income tax where all savings is tax-deductible.| Tax Foundation
Explore United States tax data, including tax rates, collections, burdens, and more.| Tax Foundation
Explore Washington tax data, including tax rates, collections, burdens, and more.| Tax Foundation
Explore Louisiana tax data, including tax rates, collections, burdens, and more.| Tax Foundation
Excise taxes are taxes imposed on a specific good or activity. They are commonly levied on cigarettes, alcoholic beverages, soda, gasoline, insurance premiums, amusement activities, and betting, and make up a relatively small and volatile portion of state and local tax collections.| Tax Foundation
Explore Delaware tax data, including tax rates, collections, burdens, and more.| Tax Foundation
A sales tax is levied on retail sales of goods and services and, ideally, should apply to all final consumption with few exemptions.| Tax Foundation
A tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities.| Tax Foundation
Explore South Carolina tax data, including tax rates, collections, burdens, and more.| Tax Foundation
