single tax


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single tax

n.
A system by which all revenue is derived from a tax on one thing, especially land.

single tax

n
1. (Economics) a taxation system in which a tax on one commodity, usually land, is the only source of revenue
2. (Economics) such a tax

sin′gle tax`



n.
a tax, as on land, that constitutes the sole source of public revenue.
[1875–80, Amer.]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.single tax - a system of taxation in which a tax is levied on a single commodity (usually land)
revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government
References in classic literature ?
Yet this devil, establishing himself, refuses to pay a single tax .
For the first time he heard of socialism, anarchism, and single tax, and learned that there were warring social philosophies.
Selectmen accepted the recommendation of assessors to remain with a single tax rate this year.
Perhaps the most influential factor is the future benefit of only a single tax at the shareholder level on the sale of the corporation--in contrast to the possibility of taxation at both the corporate and shareholder levels on a C corporation's sale.
LEICESTER - Selectmen voted Monday night to continue the town's long-established practice of charging a single tax rate to all property owners rather than setting separate rates for residences and businesses.
A previous motion to retain the single tax rate failed 3-2, with Selectmen Thomas R.
Others insist that an immediate return to a single tax rate would be best.
There is a difference of opinion, however, on how long it might take to get back to a single tax rate for all property in the city.
BOYLSTON/WEST BOYLSTON - The Boards of Selectmen in Boylston and West Boylston adopted single tax rates last week, as opposed to different rates for residential and commercial properties.
Selectmen voted unanimously Tuesday to stay with a single tax rate for the current fiscal year of $11.
US tax reform lowers the corporation tax up to 21 percent at a single tax rate and imposes income tax on overseas revenue based on territorial system.
This relief also applies to payers of a single tax payment for a period of up to one year from the date of state registration.