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A comment on U.S. business contributes smallest share of federal taxes in a generation. Parent comment

Re:U.S. business contributes smallest share of federal taxes... by saltcured on Wednesday May 22, 2019 @01:00PM (#19983119)
Here in the US, a sales tax is on the whole transaction and so is essentially a tax on sales revenue. It is very close to a pure consumption tax.
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Re:U.S. business contributes smallest share of federal taxes... by AnthonyMouse on Wednesday May 22, 2019 @01:57PM (#19983668)
Sales tax in the US generates a comparatively small amount of revenue. Some states don't even have one. The majority of tax revenues in the US are paid to the federal government rather than the states and through personal income tax and payroll tax rather than consumption taxes.
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