Health

What makes 'junk food' junk?

How is "junk food" defined for food policies like taxes? A combination of food category, processing, and nutrients can determine which foods should be subject to health-related policies, according to a new analysis examining ...

Health

The world is hooked on junk food: How big companies pull it off

It is almost impossible nowadays to listen to the radio, watch TV or scroll through social media without being exposed to an advertisement telling us that all we need for a little happiness and love is a sugary drink or a ...

Obstetrics & gynaecology

Tax on sugary drinks helps health during pregnancy

Taxes on sugary drinks reduce the risk of gestational diabetes and unhealthy weight gain in pregnant women, reports a new UC San Francisco study of more than 5 million women.

Other

AstraZeneca profits soar on cancer drugs, Alexion buy

Anglo-Swedish drugmaker AstraZeneca on Thursday posted surging annual net profit, boosted by cancer treatments and the integration of biotech unit Alexion following a blockbuster takeover.

Health

On Israel's cancelation of its sweetened beverage tax

Referring to the cancelation of Israel's sweetened beverage tax, as "a grievous blow to public health," a group of senior health academics have published a letter in the medical journal, The Lancet, seeking to overturn the ...

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Tax

To tax (from the latin taxare: to estimate, which in turn is from tangere: to touch) is to impose a financial charge or other levy upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state.

Taxes are also imposed by many subnational entities. Taxes consist of direct tax or indirect tax, and may be paid in money or as its labour equivalent (often but not always unpaid). A tax may be defined as a "pecuniary burden laid upon individuals or property to support the government […] a payment exacted by legislative authority." A tax "is not a voluntary payment or donation, but an enforced contribution, exacted pursuant to legislative authority" and is "any contribution imposed by government […] whether under the name of toll, tribute, tallage, gabel, impost, duty, custom, excise, subsidy, aid, supply, or other name."

In modern taxation systems, taxes are levied in money, but in-kind and corvée taxation are characteristic of traditional or pre-capitalist states and their functional equivalents. The method of taxation and the government expenditure of taxes raised is often highly debated in politics and economics. Tax collection is performed by a government agency such as Canada Revenue Agency, the Internal Revenue Service (IRS) in the United States, or Her Majesty's Revenue and Customs (HMRC) in the UK. When taxes are not fully paid, civil penalties (such as fines or forfeiture) or criminal penalties (such as incarceration) may be imposed on the non-paying entity or individual.

This text uses material from Wikipedia, licensed under CC BY-SA