Levied

A 5% consumption tax is levied on purchases of most goods and services.

An income tax is levied on any income that exceeds deductions.

A 5% consumption tax is levied on most goods and services in Japan.

Taxes should be levied in proportion to ability to pay and in proportion to the benefits received. Income was wisely chosen as the measure of benefits and of ability to pay.

As soon as this week, President Joe Biden may announce the removal of some of the tariffs that former President Donald Trump levied on China at the outset of a trade war in 2018.

The government levied a new tax on luxury goods.