Question

merit and demerits of sales tax​

Answer 1

Answer:

The sales tax does not produce any revenue to the seller. ... However, a seller is responsible to collect sales tax from consumers and pass it to the official authorities. Economically speaking, sales tax is an excise tax.

Answer 2

Answer:

A sales tax is a certain percentage of tax imposed by the government on the sales of goods and services. The sales tax does not produce any revenue to the seller. ... However, a seller is responsible to collect sales tax from consumers and pass it to the official authorities.