Consumption Tax

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#11 week ago
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+A **Consumption Tax** is a tax levied on the purchase of goods and services, rather than on income or wealth. It shifts the tax burden to spending, often manifesting as a [Sales Tax](/wiki/Sales_Tax) or a [Value Added Tax](/wiki/Value_Added_Tax).
+## See also
+- [Income Tax](/wiki/Income_Tax)
+- [Taxation](/wiki/Taxation)
+- [Excise Tax](/wiki/Excise_Tax)