Sales Taxes Are Considered to Be

question 167

Multiple Choice

Sales taxes are considered to be:

• A)an unfair burden on wealthy people,who spend more money on goods subject to sales tax.
• B)progressive.
• C)the most important source of revenue for the federal government.
• D)regressive.

---

Definitions:

Triclosan

An antimicrobial and antifungal agent found in some consumer products, including toothpaste and hand sanitizer, which has raised health and environmental concerns.

Antibacterial Agent

A substance that kills or inhibits the growth of bacteria, widely used in healthcare products, cleaning supplies, and personal care items.

Derived Demand

The demand for a product or service that arises from the demand for another product or service. For example, the demand for steel is derived from the demand for cars.

Airbus

A European multinational aerospace corporation that designs, manufactures, and sells civil and military aeronautical products worldwide.