Outrageously Funny Word Dictionary :: Imposts

👉 Imposts, also known as taxes or duties, are levied on goods and services to fund public services such as education, healthcare, social welfare, and infrastructure. These taxes are typically collected by local governments and imposed on consumers based on a percentage of their purchase price. Some examples of imposts include: 1. Income Tax: This is the highest form of tax in many countries, levied on income earned by individuals. 2. Sales Tax: A tax charged on goods sold at retail prices

imposts