Re:Sales tax creates more unnecessary pain than value added tax
by gnicholas on Saturday December 12, 2020 @01:27AM
(#25396117)
Also, the rate used in the example is double the sales tax rate in even the highest jurisdictions. More to the point, the author doesn't understand that no sales tax is paid when it's being used as a business input for resale.
But the thing that made my radar go up was that it was talking about a US sales tax rate of 20%, which is just plain nuts. Even in CA, the highest rates crest just above 10%.
Something like 25-30% of the US (by area) does not have any sales tax at all [1].
[1] https://www.thebalance.com/states-without-a-sales-tax-319330...