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Summary Of: Income tax

A regressive income tax may tax income up to a certain amount... the idea of a progressive income tax has garnered support from economists and political scientists of many different... Personal income tax is often collected on a... Income tax systems will often have deductions available that lessen the total tax liability by reducing total... A true income tax was first implemented in... income tax was imposed in July 1861... Individual income tax in the world... Individual income tax in the world... Individual income tax in the world... A personal or individual income tax is levied on the total income of the individual... Income tax systems will often have deductions available that lessen the total tax liability by reducing total... Income Tax rates by Country based on OECD 2005 data... Income Tax rates by Country based on OECD 2005 data... Income Tax rates by Country based on OECD 2005 data... Critics of income tax systems have argued that they can be extremely complex... Critics further claim that income tax systems can penalize work... The principles of an income tax are also argued by critics...

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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Income tax".