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flat tax, poll tax, head tax, sales tax
If the jeans cost $11.50 after the 15% sales tax, the cost of the jeans without sales tax is $10.00.
The sales tax is $3.50 and the total price of the jeans with tax is $53.50
excise tax
The current total local sales tax rate in Edina, MN is 7.275%.
Both sales tax and flat tax are a fixed percentage.
If an item costs $1,075.00 and the value of the sales tax is $43.00, the percentage of sales tax is 4%
yes these have been several proposals to collect state sales tax on Internet sales and at some point it will probably pass. The idea is based on the fact that merchants selling over the Internet are in fact selling merchandise and should be collecting and paying state sales tax to the various states. Many states have added a line to their income tax form where residents are required to state how much they purchased on the Internet and pay the sales tax that way. Obviously that only collects a percentage of the correct tax.Many large national internet merchants do collect and submit sales tax. The current state of the law requires merchants who have a "nexus" in the state to collect sales tax. A nexus being a physical presence.If your question is about a "national sales tax" a percentage added on sales and going to federal government there have been few if any serious proposals. Some have suggested a national sales tax in lieu of income tax.
The tax rate is 6%
as a percentage of sales
Tennessee's state sales tax is 7.0%. More sales tax can be added in certain cities and counties.
It is a specified percentage of the tax base.
The United States has a progressive tax method. This means that the more your earn to more tax percentage of your income you pay. This is a dangerous type of taxation in that we are approaching a time when almost 50% of the population pay no income taxes at all.
'Sources and related links' below has current sales tax rates.
California sales tax is currently 6.5%
Grayslake (zip 60030), Illinois, sales tax rate is 7.00%.
6.25%