Question

What is the general sales tax rate in your assigned state and how does it compare...

What is the general sales tax rate in your assigned state and how does it compare to rates in other states?

Homework Answers

Answer #1

General sales tax is applied to goods and services in a particular jurisdiction with a particular rate decided by the government.sales tax are governed at state level and no national sales tax exists. There are states which do not levy sales tax ( Alaska, Delaware, Montana ,p new hampshire and oregon). Americans pay between 2.5% to 7.9% sales tax on the majority of the goods they buy or on the services rendered. On an average sales tax accounts as a larger revenue compared to property tax or income tax.

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