Suppose that the HST tax rate is increased to 20% value added tax.

1. Complete the following table:

Producer .......Sales........... Tax Assessment ........Tax Credit Allowed .....Tax Due

Salt Mine $200 million

Salt Refiner $350 million

Salt Warehouse $380 million

Grocer $500 million

2. The total taxes collected by the government are $_____________ .

3. If the HST was replaced with a sales tax at a rate of 10%, and if all sales were taxed every time a transaction occurred, the total tax collected would be ______________.