Which of the Following Is NOT True Regarding the Sales

question 25

Multiple Choice

Which of the following is NOT true regarding the sales tax?

• A)Public opinion surveys have found that state sales taxes are the most popular of all other major revenue sources.
• B)The sales tax base continues to grow and become clearer over time.
• C)The sales tax has two clear weaknesses: elasticity and equity.
• D)For local governments,sales tax revenue can be attractive because it offers the opportunity to have visitors bear some of the tax burden.

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Definitions:

Economic Status

The social standing or class of an individual or group often measured by income, wealth, education, and occupation.

Family Structure

The organization or composition of a family unit, including the relationships between its members.

Flexible

Capable of being easily modified to respond to altered circumstances or conditions.

Rigid

In a medical context, it describes something that is stiff, inflexible, or not easily bent.