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Income Consumption House 1: $150,000 $45,000 House 2: $80,000 $40,000 House 3: $30,000 $21,000 There is a retail sales tax of 7% what would the
Income Consumption
House 1: $150,000 $45,000
House 2: $80,000 $40,000
House 3: $30,000 $21,000
There is a retail sales tax of 7% what would the sales tax liability be for each house. What is the average tax rate for each house?
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