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

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

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

Answer

Brief Explanations:

  • Sales tax is an indirect tax as it is levied on goods and services and passed - on to consumers. It is regressive because it takes a larger percentage of income from low - income groups. It affects both low and high - income groups. Direct taxes are paid directly by taxpayers to the government, and sales tax is not a direct tax.

Answer:

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