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Consumption tax

消費税 / consumption-tax — Institutions

A tax added to the price at the time of purchase. In Japan, the rate is 10%, with a reduced rate of 8% for items such as groceries.

Beard Tax Token Beard Tax Token1705 Écu d'or à la couronne (crowned gold écu) Écu d'or à la couronne (crowned gold écu)1385 onward Silver sycee (31st year of Jiajing) Silver sycee (31st year of Jiajing)Ming, 1552
A real specimen of the related term “Tax”.

As the same rate is applied regardless of income, the proportional burden is heavier for those with lower incomes. The Value Added Tax in the United Kingdom is 20%. Different countries have different rates and different items eligible for reduced rates.