What are the differences between a sales tax and a use tax? How are businesses taxed with the corporate income tax? (1 point) (1 point) A sales tax on goods and services is paid by a region's residents and a use tax is paid by non- O Businesses pay a proportional or progressive tax based on their profits. residents, both at the point of sale. A sales tax is on the purchase of goods and O Businesses pay a progressive tax based on their services at the point of sale while a use tax is paid total expenses. on goods and services purchased when sales tax was not paid. Businesses pay a proportional tax based on their total receipts. A sales tax is collected when a good or service is purchased by a consumer while a use tax is O All businesses pay the same amount of tax each collected when a good or service is purchased by year. a businesses. A sales tax is levied on the purchases of goods O while a use tax is levied on the purchases of sevices. Compare how Medicare taxes are paid by individuals who are employees to those who are self-employed. (1 point) Employees pay half (1.45%) of the Medicare tax O while the employer pays the other half. Self- employed individuals pay half (1.45%) of the Medicare tax. Employees pay half (1.45%) of the Medicare tax O while the employer pays the other half. Self- employed individuals pay for both halves of the tax (2.9%). Employees pay for both halves of the tax (2.9%) and the employer does not pay the Medicare tax. Self-employed individuals do not pay Medicare tax. Employees do not pay the Medicare tax and the O employer pays for both halves of the tax (2.9%). Self-employed individuals pay for both halves of the tax (2.9%). Which type of tax describes excise taxes, sales taxes, and tolls? (1 point) O use tax O regressive tax O flat tax O progressive tax Identify all the groups that pay property tax. (1 point) businesses and individuals landowners and homeowners O landowners, homeowners, and businesses O employers and employees