The special consumption tax should be lifted for petrol and air conditioners since they are not luxury products, according to ...

Living in one of the five states with no sales tax may seem appealing because you won’t have to pay tax when shopping for ...

A value-added tax is a system of taxation widely used worldwide, although the United States is one of the few outliers that does not use it.

BRYAN COUNTY, Ga. (WTOC) - Tuesday, Bryan County voters rejected the 1¢ consumption tax known as ESPLOST. Bryan County ...

President Donald Trump has once again made headlines with his proposal to eliminate income taxes -- he wants to replace them ...

The Tennessee House of Representatives has passed a resolution urging Congress to eliminate the personal income tax and a ...

Virtually all economists, citing years of data and analysis, characterize tariffs as tax hikes rather than tax cuts.

The reason for the abrupt cancellation was the failure of the minister to get cabinet approval for the proposal to raise value added tax (VAT) from 15% to 17%. VAT is the second biggest contributor to ...

Many African countries are facing acute economic challenges. As the number of super-rich on the continent grows, so do calls to impose wealth taxes.

Hoang Thanh Tung, Chair of the National Assembly's Committee on Legal and Judicial Affairs (photo: Quoc Hoi) On March 10, the National Assembly Standing Committee discussed the revised draft of the ...

“If policymakers were to eliminate property taxes and replace them with higher consumption taxes (i.e., sales taxes), they would have to double the state’s general sales tax rate,” the ...