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Income Tax
Tax on wages, interest, and business income
Sales Tax
Tax on discretionary (don't need for survival) item sales, not essentials
Property Tax
Tax based on ownership of land or buildings
Consumption Tax
Tax on all sales, discretionary or not
Estate Tax
Tax on wealth after death, above $1 million, federal above 11 million
VAT
Tax on production and consumption of goods
Excise Tax
Tax on sin goods like alcohol and tobacco
Note 
Flashcard (27)