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Sales Tax And Income Tax

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... http://memory.loc.gov/const/fed/fed_10.html Tax Shelters Before taking up the subject of corporate tax Shelters we must first define income tax. Income Tax is a tax on the income tax. A person's income wouldn't be taxed, until they were to buy something. The next step would be to impose the are deducted which leads to substantial reduction in income tax. Income tax concessions given to corporate sector in the rate of tax are sometimes different in from the relief given to income at tax time. Therefore, dividend income is treated the same way, and is taxed at the same rate, as income from excise taxes, personal income taxes, inheritance taxes, corporate income taxes, dividend taxes, excess profits taxes all ...



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Sources list for SALES TAX AND INCOME TAX:

Mitchell, Daniel J. (1997a). Flat-tax or Sales Tax? A Win-Win Choice for America. Washington, DC: Heritage Foundation. Digital document available on the Internet at www.heritage.org.
Flat Tax System

Altman, Daniel. "What If a Sales Tax Were the Only Tax?" The New York Times (17 Oct 2004), p. B5.
Taxation

Gilbert E. Metcalf, The National Sales Tax: Who Bears the Burden, last viewed: 13^thMay'04http://www.cat o.org/pubs/pas/pa-289.html Gilbert E. Metcalf, The National Sales Tax: Who Bears the Burden, last viewed: 13^thMay'04http://www.cat o.org/pubs/pas/pa-289.html
State Taxes

Freeman, G.R. & Smith, D.A. (1992, April). Accounting for income taxes - SFAS 109 (Statement of Financial Accounting Standards). The CPA Journal Online. Retrieved August 20, 2005, from http://www.cpaj.com.
Accounting for Income Taxes

Hoffman, Smith & Willis. 2003. Individual Income Taxes South Western. Ohio
Death and Taxes

 

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