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What was the effect of the war on the minorities of Europe?
Regressive Tax
Falls more heavily on the poor than on the rich; for example, Social Security tax.
Transfer Payment
Payments made by the government to individuals or other entities without the exchange of goods or services, such as welfare or social security.
Sales Taxes
Taxes imposed on the sale of goods and services, typically calculated as a percentage of the purchase price, paid by the consumer at the point of sale.
Excise Taxes
Taxes paid when purchases are made on a specific good, such as gasoline or tobacco, often included in the price of the product.
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