sales tax - Used by states and government to raise revenue, sin tax - levied on luxury items, income tax - required of all workers, largest source of income for government, travel tax - government mandated transport tax for travelers in the U.S. , inherent/estate tax - paid on the transfer of properties from a decease person to their heir(s), capital gains tax - imposed on profits made from investments, value added tax - value of goods from production to the point of sale, payroll tax - percentage of employee's salary remitted to the government, property tax - tax levied on real estate and personal properties,

9 Types of Taxes

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