Taxes
There's a lot
How many taxes are there?
There are eight taxes that we have talked about. Tariffs, sales, income, estate, property, social security, corporate income and sales tax.
Sales tax
Sales tax is the tax you pay when you buy something. The government can oppose sales tax at any level.
Excise tax
Excise tax only applies to certain things like alcohol and tobacco. This is the tax that sellers owe to the government.
Income tax
Income tax comes from various sources. All income tax is due on April 15.
Property tax
Property tax is the tax on the land you own.
Estate tax
The tax the government collects when a person dies. This is also called the death tax.
Tariffs
Taxes on imported goods.