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Tax Exporting

Tax exporting is when people on one side of the border tax people on the other side. As if taxes couldn’t get more nighmareish, ammiright?!

Tax exporting is more of an informal term than a formal one. For instance, it can refer to one country upping the taxes on a foriegn company within their borders, which is directly taxing “the other”. OR, it can also refer to more sly means of “taxation,” such as hiking up prices. In general, it just means using some economic-way to get a bit more money (the tax) from another group/country/cross-border-comrades/whathaveyou.

Wherever you are, taxes will find you. *gulp*

Find other enlightening terms in Shmoop Finance Genius Bar(f)