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Sales tax

216 bytes added, 16:15, January 13, 2009
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'''Sales tax''' is [[tax]] on buying a [[good]]. Sales tax is based on a percentage of how much is spent. Sales taxes first became widespread in the U.S. in the 1930s, and remain a major source of state and local revenue. Services are usually not taxed, nor are purchases of goods over the Internet.
[[Category:EconomicsBusiness]][[Category:Taxation]]
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