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Most systems of taxation not only use a combination of several of these, but have many exceptions (and loopholes) from universal application - for instance, a sales tax might not apply to food or clothing.

Most systems of taxation not only use a combination of several of these, but have many exceptions (and loopholes) from universal application - for instance, a sales tax might not apply to food or clothing.

Rates of taxation and the provision of some services can be matters of great [[politics|political]] contention.

Rates of taxation and the provision of some services can be matters of great political contention, with [[Tax revolts]] common throughout world history.

In the United States, the [[Democratic party]] generally favors higher income taxes to pay for government social programs, whereas the Republican party generally favors smaller government and lower taxes.

In the United States, the [[Democratic party]] generally favors higher income taxes to pay for government social programs, whereas the Republican party generally favors smaller government and lower taxes.

[[category:economics]]

[[category:economics]]