How does sales tax impact consumers?
Understand the Problem
The question is asking how sales tax affects consumers, particularly in the context of shopping and costs associated with items. It aims to assess the respondent's understanding of the implications of sales tax on consumer behavior.
Answer
It increases the total costs of some items when shopping.
The final answer is: It increases the total costs of some items when shopping.
Answer for screen readers
The final answer is: It increases the total costs of some items when shopping.
More Information
Sales tax is added to the price of goods and services, which means consumers pay more than the initial price.
Tips
Confusing sales tax with other forms of taxation such as property or income tax.
Sources
- The burden of sales and excise taxes - Britannica - britannica.com
- What is sales tax? - Thomson Reuters tax - tax.thomsonreuters.com
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