Considerations Respecting a Federal Retail Sales Tax ...

Considerations Respecting a Federal Retail Sales Tax ... PDF Author: United States Tax Research Division. Treasury Department
Publisher:
ISBN:
Category : Sales tax
Languages : en
Pages : 208

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Considerations Respecting a Federal Retail Sales Tax ...

Considerations Respecting a Federal Retail Sales Tax ... PDF Author: United States Tax Research Division. Treasury Department
Publisher:
ISBN:
Category : Sales tax
Languages : en
Pages : 208

Get Book Here

Book Description


Considerations Respecting a Federal Retail Sales Tax

Considerations Respecting a Federal Retail Sales Tax PDF Author: United States. Department of the Treasury. Division of Tax Research
Publisher:
ISBN:
Category : Sales tax
Languages : en
Pages : 184

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The VAT Reader

The VAT Reader PDF Author:
Publisher:
ISBN: 9780918255181
Category : Sales tax
Languages : en
Pages : 349

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The National Retail Sales Tax

The National Retail Sales Tax PDF Author:
Publisher:
ISBN:
Category : Sales tax
Languages : en
Pages : 31

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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

Retailer's Costs of Sales Tax Collection in Ohio PDF Author: James Carleton Yocum
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 230

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Retail Sales and Use Tax Report

Retail Sales and Use Tax Report PDF Author:
Publisher:
ISBN:
Category : Sales tax
Languages : en
Pages : 806

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Book Description
Statistics on sales taxes collected, and three use taxes: motor vehicle use, retailers use, and consumers use.

Sales and Use Tax Information

Sales and Use Tax Information PDF Author:
Publisher:
ISBN:
Category : Motor vehicles
Languages : en
Pages : 72

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Considerations Respecting a Federal Retail Sales Tax

Considerations Respecting a Federal Retail Sales Tax PDF Author: United States. Tax Research Division. Treasury Department
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Information on the Washington State Retail Sales Tax

Information on the Washington State Retail Sales Tax PDF Author: Washington (State). Department of Revenue
Publisher:
ISBN:
Category : Sales tax
Languages : en
Pages : 4

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State Retail Sales Taxation

State Retail Sales Taxation PDF Author: Clinton V. Oster
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 278

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Book Description