The measure was replaced with another income levy the following year, which survived until 1872.
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In most of the Gulf states, which do not even levy income tax, duties are the third-biggest source of government finance after oil exports and investment income.
They must pay a new 3.8% levy on income from investments, possibly including profits from the sale of a home.
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In many cases, this alone eliminates U.S. tax liability, since many foreign countries already levy stiff income taxes on all within their borders.
It will charge only 15% corporate-profit tax and levy no income taxes on the finance professionals, lawyers, accountants and creative people it hopes eventually to attract.
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Under the 2010 health law, high-income households will pay an additional 0.9 percent Medicare payroll tax and a new 3.8 percent levy on investment income such as capital gains and dividends.
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The State of New Hampshire is one of nine states in America that does not levy a personal income tax on most forms of wages or income.
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Entrepreneurs with a wider range of mobility are leaving the Southwest altogether for states that do not levy a personal income tax, such as Texas, Washington, or Florida.
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With regards to popular migration Laffer and Moore found the nine states that do not levy any individual income tax saw their populations expand by an average rate of 13.9 percent during the most recent decade (2001-10).
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The reason is simple: A consumption levy would not tax income from saving, and low- and moderate-income people save a lot less than the rich.
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Anguilla, which does not levy personal or corporate income tax, was removed in 2002 from an international list of territories said to be uncooperative in the fight against money-laundering.
Hungary has set corporate tax at 16%, Slovakia has a flat 19% levy for corporate and personal income, and Estonia levels no tax at all on reinvested profits.
If taxes have to rise, the option that would damage the economy least would be to levy them on spending rather than income.
The extra levy affects only a few high-income couples but in very different ways.
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Compared to the income and general sales tax hikes, the Amazon levy is penny ante stuff.
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Thus, most of Warren Buffett's income is not subject to that 12.4% levy.
The 2010 law raises the Medicare levy by 0.9 percent for high-income workers.
He pushed the still-radical idea of massive, across-the-board cuts in personal income tax rates, as well as in the capital gains levy.
By law, on top of his income-tax bill any registered church member must pay a levy of 8-9% thereof into church coffers.
Mr. Obama is reproposing the "Buffett tax" on millionaires that would raise the levy on capital gains, dividends and other investment income to 30%.
In New York City a high-income maker would have faced a combined state and local tax levy of 11.3%, easily one of the highest in the country.
And as part of any deal, it wants Congress to affirm that the states can't levy other taxes--such as a corporate income or franchise tax--on companies without facilities in a state.
This levy would repeal nearly all federal taxes (including the income tax and the payroll tax) and replace them with a single-rate national sales tax on the purchase of all goods and services.
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While most of the poorest are nowadays covered by government cash-transfer programmes, those in the third to the fifth deciles of income distribution are now at risk of falling into poverty, Mr Levy says.
Each patch boosted the amount of income exempt from the tax, saving millions of households from having to pay the levy.
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On average, such a levy would raise the share of taxes paid for all but the highest-income households, who would pay far less than they do today.
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The trick, according to Mr Levy, is to use social marketing to stimulate a competitive market at all income levels, not just the poorest, so that companies have an incentive to stay in the country as consumers grow more affluent and can pay more for their wares.
This levy, which places a 3.8% tax on various forms of investment income for individuals, trusts, and estates, has been referred to by a number of names.
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Costa Rica's government has sent bills to congress that would tax money earned abroad, levy the sales tax on services as well as goods, and introduce a single form for income tax.
To raise funds for flood relief in eastern Germany, the old government had already decided to postpone income tax cuts due to start next January 1st by a year, and to impose a one-off levy on corporate profits.
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