Assertion: income tax | /r/HasProperty | levied on all income
Facets:
Source sentences:
text: It has been argued that a tax on income discriminates against saving and is less favourable to economic growth than a tax on spending because an income tax is levied on all income—even that which is saved and made available for investment
text: Income tax is a tax levied on all income and profit received by a taxpayer (which includes individuals, companies and trusts).
text: Income tax is a tax levied on all income and profit received by a taxpayer (which includes individuals, companies and trusts).