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    Sales tax: convenience, equity, sufficiency and neutrality

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    The sales tax laws of many states exempt the purchase of groceries and prescription drugs from tax. Such exemptions are intended to improved the:

    A. Convenience of the tax
    B. Equity of the tax
    C. Sufficiency of the tax
    D. Neutrality of the tax

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    Solution Preview

    The sales tax exclusion in many states addresses the equity of tax. That refers to the type of tax and who will pay it. The system of taxation should strive to minimize interference with business economics, be fair, and be easy to ...

    Solution Summary

    The solution discusses the application of sales tax at the state level in a 168 word solution.