If the tax rate increases from 7.5 percent this year to 8.0 percent next year and all

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If the tax rate increases from 7.5 percent this year to 8.0 percent next year and all other estimations are unchanged, what is the estimated revenue shortage, if any?

A Sales Tax Example This year Next year Retail sales value ($) 23,902,346 24,567,390 Exemption ($) 12,345,670 16,345,670 Tax rate (%) 7.5 7.5

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Financial Management In The Public Sector Tools Applications And Cases

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Authors: Xiaohu Wang

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If the tax rate increases from 7.5 percent this year to 8.0 percent next year and all

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Financial Management In The Public Sector Tools Applications And Cases

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