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About: Lifetime income tax     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Tax113308999, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:Abstraction100002137yago:Charge113400798yago:IncomeTax113310230yago:Levy113308864yago:Liabilities113396054yago:Possession100032613yago:Relation100031921yago:WikicatIncomeTaxesorganisationyago:Tax113308999 New Facet based on Instances of this Class

Lifetime income tax is a proposal for a new type of income tax that would tax a person based on their cumulative income over their lifetime up until the filing date. This is in contrast to most income tax systems where the previous yearly income is the basis for the tax calculation.