which statements best describe sales tax? check all that apply. sales tax does not affect low - income…

which statements best describe sales tax? check all that apply. sales tax does not affect low - income groups. sales tax is an indirect tax levied on goods and certain services. sales tax is a type of regressive taxation. sales tax is a direct tax paid by consumers to the government. sales tax affects high - income groups.

which statements best describe sales tax? check all that apply. sales tax does not affect low - income groups. sales tax is an indirect tax levied on goods and certain services. sales tax is a type of regressive taxation. sales tax is a direct tax paid by consumers to the government. sales tax affects high - income groups.

Answer

Brief Explanations:

Sales tax is an indirect tax as it is levied on goods and services and is passed - on to consumers. It is regressive because it takes a larger proportion of income from low - income groups compared to high - income groups. It affects both low and high - income groups. It is not a direct tax as direct taxes are paid directly by the entity on which they are imposed (like income tax).

Answer:

B. Sales tax is an indirect tax levied on goods and certain services. C. Sales tax is a type of regressive taxation. E. Sales tax affects high - income groups.