Definitions for consumption tax
con·sump·tion tax

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1. Consumption tax

   A consumption tax is a tax levied on consumption spending on goods and services. The tax base of such a tax is the money spent on consumption. Consumption taxes are usually indirect, such as a sales tax or a value-added tax. However, a consumption tax can also be structured as a form of direct, personal taxation, such as the Hall–Rabushka flat tax.

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1. Consumption tax

   A consumption tax is a tax on spending on goods and services. The tax base of such a tax is the money spent on consumption. Consumption taxes are usually indirect, such as a sales tax or a value added tax. However, a consumption tax can also be structured as a form of direct, personal taxation, such as the Hall–Rabushka flat tax.

How to pronounce consumption tax?

1. Alex

   US English

   David

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   Mark

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   Daniel

   British

   Libby

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   Australian

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How to say consumption tax in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of consumption tax in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of consumption tax in Pythagorean Numerology is: 6

Examples of consumption tax in a Sentence

1. Joe Hayes:

   There were some signs that the underlying services economy was beginning to lose momentum, with employment and new business growth both easing, optimism moderated as some firms were concerned that the looming consumption tax hike could impact demand.

2. Shigeo Hirayama:

   Now the economy is not in a healthy condition and it is expected to slow down if the consumption tax rate is increased next year, a big supply in office space could hurt the property market.

3. Nicholas Smith:

   Retail is reheating over the past couple of months, which is an incredible relief when the export side of the economy is looking so bad, drugstores are doing well, electronics stores are finally seeing some growth after suffering a lot following the consumption tax hike. Restaurants have also accelerated quite a bit.

4. Stefan Worrall:

   I think the market remains open to all possibilities right now, we're in a low-turnover state of anticipation over global events like the Brexit vote and the FOMC meeting but also with regard to domestic elements like a possible delay of next year's consumption tax increase and a possible snap election this summer. There's a lot of noise and no clear decisions.

5. Ken Miller:

   Our concern is that if (oil prices) stay low is that we eventually see that spill over into our other revenue sources: personal income tax, consumption tax, motor vehicle taxes, we do have a large part of our economy that is tied directly or indirectly to energy.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Consumption_Tax
2. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=consumption tax