Wednesday
April 23, 2014

Homework Help: math

Posted by tony on Thursday, June 20, 2013 at 4:07pm.

2. The sales tax rate applied to all purchases within a state was 0.04 (4 percent) throughout 2006 but increased to 0.05 (5 percent) during all of 2007. The state government collected all taxes due, but its tax revenues were equal to $40 million each year. What happened to the sales tax base between 2006 and 2007? What could account for this result?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

micro economic - The sales tax rate applied to all purchases within a state was ...
math - A community is considering increasing the sales tax rate 0.5% to fund a ...
math (sales tax) - Jill bought supplies at a hardware store that cost $41.75. If...
math (ugh) - Jermaine had dinner at his favorite restaurant. It the sales tax ...
Math - 1)A bakery can sell muffins for $1 each. If it costs the bakery $5 to ...
Math - Charlie paid for his purchases with a $50.00 bill. He paid $2.34 sales ...
math - how do I compute sales tax? $1,367.85. sales tax rate is 5.75%. also, how...
economics - income total spending $10,000 $10,000 20,000 18,000 50,000 35,000 ...
7th grade math - 1. Price of the dolls: $12.99 A. Price of the dolls with a 5% ...
math - zoomer bix plans to but a microcomputer that costs $690, excluding sales ...

Search
Members