1
Question
A consumer at the store purchases a new vacuum cleaner. At checkout, that consumer will have to pay an additional tax on that purchase- a sales tax. What type of tax is a sales tax?
A consumer at the store purchases a new vacuum cleaner. At checkout, that consumer will have to pay an additional tax on that purchase- a sales tax. What type of tax is a sales tax?
Open in App
Solution
The correct option is B Proportional tax
The sales tax is levied on the amount of purchase. Thus it is a proportional tax.
Proportional tax
The sales tax is levied on the amount of purchase. Thus it is a proportional tax.
Suggest Corrections
0
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
