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Sales taxes were first enacted after the Great Depression, when the U.S. economy was dominated by the production of goods. As the nature of the
Sales taxes were first enacted after the Great Depression, when the U.S. economy was dominated by the production of goods. As the nature of the economy has changed, and the perceived need for additional tax revenues has grown, many states have expanded the tax base to include transactions involving:
A. Tangible personal property
B. Intangible personal property delivered on physical media
C. Services
D. Real estate leases
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