Examlex
What is a tariff?
Tax Burden
The total amount of taxes paid by individuals or businesses relative to their income, often analyzed to assess the impact of taxation on economic behavior.
Tax
A necessary financial obligation or other form of tax exacted from a taxpayer by a state institution with the aim of covering government expenses and various public financial needs.
Higher Prices
An increase in the cost of goods or services.
Tax
A compulsory monetary fee or different form of levy required from a taxpayer by a governmental body, used to finance government operations and various public costs.
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