Business, 31.03.2021 01:00 ultimatesaiyan

The presence of a sales tax means that people pay a tax on most everyday things they buy, such as clothes and groceries. In the United States, 45 states collect state sales tax, and 38 states collect local sales tax. In 2018, the highest combined state and local sales tax was 10.02%, in Louisiana. The sales tax amount varies by location, but everyone purchasing within an area pays the same percentage sales tax. a. Sales tax:.
i. is relatively more expensive to the poor than to the rich.
ii. is a relatively small expense for both the rich and the poor.
iii. is relatively more expensive to the rich than to the poor.
iv. impacts poor and rich families in the same way because everyone pays the same percentage.
b. A sales tax is:.
i. regressive
ii. progressive

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