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Explain How a Value-Added Tax (VAT)works and How It Differs

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Explain how a value-added tax (VAT)works and how it differs from a sales tax.What impact does a VAT have on government revenue and the price of products paid by consumers?


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Blacks

A term referring to individuals and groups of African descent, often used within the context of discussing racial identity, experiences, and issues in societies.

Latinos

People from or with ancestors from Latin America, often distinguished by their cultural, linguistic, or ancestral ties.

United States

A country in North America consisting of 50 states, a federal district, five major self-governing territories, and various possessions, known for its large size and diversity.

White Supremacist

A belief system that promotes the superiority of white people over people of other racial backgrounds.

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