Hidden tax

A hidden tax is a tax that is not visible to the taxpayer. These taxes can raise prices of goods and lower salaries for workers. Hidden taxes, although hidden, can decrease the purchasing power of individuals significantly. Many kinds of tax behave like hidden taxes: Corporate income tax Because of this tax, shareholders and employees get less dividends and salary. Also the tax is hidden in the cost of goods and services and, therefore, paid by the consumer. Tariffs or import taxes It lowers competition by raising the price of imports and products produced outside. Sin taxes Taxes on alcohol and cigarettes are highly regressive. Travel taxes Utilities taxes According to a 1998 study, taxes take up 48% of the price of gasoline. Inflation tax It is a hidden regressive tax. Financial repression A range of measures which governments can employ to reduce their debt, which are often accompanied by inflation. Profits from government-owned corporations From Wikipedia