Business
Business, 13.09.2019 00:30, lizdeleon248

This year, state a raised revenues by increasing its general sales tax rate from 5 percent to 6 percent. because of the increase, the volume of taxable sales declined from $890 million to $759 million. in contrast, state z raised revenues from its 5 percent sales tax by expanding the tax base to include certain retail services. the volume of services subject to tax was $145 million. compute the additional revenue raised by state a. compute the additional revenue raised by state z.

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This year, state a raised revenues by increasing its general sales tax rate from 5 percent to 6 perc...

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