A tax by means of which the state appropriates a fixed proportion of private wealth.
资产税，财产税
he headed off demands for a capital levy
Example sentencesExamples
The Dublin Docklands Development Authority charges companies located in the IFSC area of the capital levies which are to be used for cultural development.
After Munich, the Radical Paul Marchandeau, who was usually very much a conservative on economic matters, had proposed financing rearmament by a capital levy and exchange controls.
The estimated balance on the Naas capital levies development account is 6 million.
For some years MacDonald stood out as a popular hero to socialists, but he took care to smother radical policies, such as the capital levy, which he thought likely to lose votes.
The institution of Zakat - the Muslim poor tax or capital levy, because it is levied upon the whole wealth and not the annual income of an individual - is a unique testimony to the fact that Islam considers charity to be a pillar of religion.
Thus, leaving aside the capital levy that distinguishes the consumption tax from the tax on labor income, a consumption tax will appear to raise less money in the short run.
Seattle school levies certainly have failed in the past - most notably, in 1994-95, when it took an astonishing five elections to get voters to approve a record-sized capital levy.
This is evident in the detailed discussions of the debates over capital levies, Selective Employment Tax, Value Added Tax, and, most importantly, income tax.