Ad Valorem Tax

  

Categories: Tax, Metrics

Fancy Latin phrase for property tax.

"Valorem" means "value" and "ad valorem" means "according to value"—which you might know if you went to Latin class or survived catechism. Given what it does, you'd think it would have been named "minus valorem."

Ad valorem can also be levied on imported stuff like a duty. In either case, it helps keep the coffers of your local or state governments fuller.

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never mind Breaking Bad was awesome though anyway in finance land VAT or V.A.T[Car drives by financeland sign]

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think that car cost thirty grand no it was thirty three grand and you'll pay [Car on a driveway]

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v80 tax is that three dollar gallon of gas at the same rate for Bill Gates as

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rich are taxed vastly more not just in volumes of dollars taxed because they

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