Author: United States Tax Research Division. Treasury Department
Publisher:
ISBN:
Category : Sales tax
Languages : en
Pages : 208
Book Description
Considerations Respecting a Federal Retail Sales Tax ...
Author: United States Tax Research Division. Treasury Department
Publisher:
ISBN:
Category : Sales tax
Languages : en
Pages : 208
Book Description
Publisher:
ISBN:
Category : Sales tax
Languages : en
Pages : 208
Book Description
Considerations Respecting a Federal Retail Sales Tax
Author: United States. Department of the Treasury. Division of Tax Research
Publisher:
ISBN:
Category : Sales tax
Languages : en
Pages : 184
Book Description
Publisher:
ISBN:
Category : Sales tax
Languages : en
Pages : 184
Book Description
The VAT Reader
Author:
Publisher:
ISBN: 9780918255181
Category : Sales tax
Languages : en
Pages : 349
Book Description
Publisher:
ISBN: 9780918255181
Category : Sales tax
Languages : en
Pages : 349
Book Description
The National Retail Sales Tax
Author:
Publisher:
ISBN:
Category : Sales tax
Languages : en
Pages : 31
Book Description
This paper addresses a technical issue regarding the national retail sales tax: what would the required tax rate be? The paper develops four principal results. First, as long as real federal revenues and real federal spending are maintained in the transition to a sales tax, the required sales tax rate does not depend on whether federal purchases are subject to tax or whether consumer prices rise after the sales tax is imposed. Second, H.R. 25, a recent legislative proposal, would replace the existing income, corporate, payroll, and estate and gift taxes with a 23 percent tax-inclusive (30 percent tax-exclusive) sales tax on almost all private consumption, a significant portion of household interest payments, and all federal, state, and local government non-education purchases, and would provide households with payments to offset taxes on consumption up to the poverty line. Third, with plausible allowances for avoidance, evasion, and tax exemptions for some private consumption and some state and local purchases, both the required tax rates and the revenue loss from imposing a sales tax at 23 percent tax-inclusive rate climb significantly higher. Fourth, the commonly-cited 23 percent tax-inclusive rate in H.R. 25 was derived using a set of assumptions about changes in the price level that are not consistent with each other and that lead to an estimated tax rate that is systematically and substantially too low.
Publisher:
ISBN:
Category : Sales tax
Languages : en
Pages : 31
Book Description
This paper addresses a technical issue regarding the national retail sales tax: what would the required tax rate be? The paper develops four principal results. First, as long as real federal revenues and real federal spending are maintained in the transition to a sales tax, the required sales tax rate does not depend on whether federal purchases are subject to tax or whether consumer prices rise after the sales tax is imposed. Second, H.R. 25, a recent legislative proposal, would replace the existing income, corporate, payroll, and estate and gift taxes with a 23 percent tax-inclusive (30 percent tax-exclusive) sales tax on almost all private consumption, a significant portion of household interest payments, and all federal, state, and local government non-education purchases, and would provide households with payments to offset taxes on consumption up to the poverty line. Third, with plausible allowances for avoidance, evasion, and tax exemptions for some private consumption and some state and local purchases, both the required tax rates and the revenue loss from imposing a sales tax at 23 percent tax-inclusive rate climb significantly higher. Fourth, the commonly-cited 23 percent tax-inclusive rate in H.R. 25 was derived using a set of assumptions about changes in the price level that are not consistent with each other and that lead to an estimated tax rate that is systematically and substantially too low.
Retailer's Costs of Sales Tax Collection in Ohio
Author: James Carleton Yocum
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 230
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 230
Book Description
Retail Sales and Use Tax Report
Author:
Publisher:
ISBN:
Category : Sales tax
Languages : en
Pages : 806
Book Description
Statistics on sales taxes collected, and three use taxes: motor vehicle use, retailers use, and consumers use.
Publisher:
ISBN:
Category : Sales tax
Languages : en
Pages : 806
Book Description
Statistics on sales taxes collected, and three use taxes: motor vehicle use, retailers use, and consumers use.
Sales and Use Tax Information
Author:
Publisher:
ISBN:
Category : Motor vehicles
Languages : en
Pages : 72
Book Description
Publisher:
ISBN:
Category : Motor vehicles
Languages : en
Pages : 72
Book Description
Considerations Respecting a Federal Retail Sales Tax
Author: United States. Tax Research Division. Treasury Department
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Information on the Washington State Retail Sales Tax
Author: Washington (State). Department of Revenue
Publisher:
ISBN:
Category : Sales tax
Languages : en
Pages : 4
Book Description
Publisher:
ISBN:
Category : Sales tax
Languages : en
Pages : 4
Book Description
State Retail Sales Taxation
Author: Clinton V. Oster
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 278
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 278
Book Description