Question: the sales tax laws of many states exempt the purchase...
Question details
The sales tax laws of many states exempt the purchase of
groceries and prescription drugs from tax. For example, the state
government of North Carolina exempts most food (doesn't exempt
prepared foods), prescription medicines and a lot of medical
equipment.
Such exemptions are intended to improve the:
|
Convenience of the tax |
||
|
Equity of the tax |
||
|
Sufficiency of the tax |
||
|
Neutrality of the tax |
Solution by an expert tutor
