Question
A sales tax taxes your a. income based on ability to pay. b. discretionary purchases only. c. non-discretionary purchases only. d. food, clothing, and shelter.
A sales tax taxes your
| a. | income based on ability to pay. | |
| b. | discretionary purchases only. | |
| c. | non-discretionary purchases only. | |
| d. | food, clothing, and shelter. | |
| e. | consumption financed by income. |
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Financial Theory and Corporate Policy
Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
4th edition
321127218, 978-0321179548, 321179544, 978-0321127211
