True of False. Both a sales tax and a personal income tax struggle with the definition of consumption. A sales tax is intended to tax consumption. An income tax must distinguish between non-deductible payments for consumption and deductible payments for business expenses
True of False. Both a sales tax and a personal income tax struggle
with the definition of consumption. A sales tax is intended to tax consumption. An income tax must distinguish between non-deductible payments for consumption and deductible payments for business expenses
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