Why is Sales Tax  Considered a Regressive Tax? [Infographic]

Why is Sales Tax Considered a Regressive Tax? [Infographic]

Have you ever heard the term “regressive tax”? Maybe not. It refers to a tax that is unfairly imposed more strongly on lower income families. Is Sales Tax Regressive? You may be wondering: is sales tax progressive or regressive? Sales tax is regressive, in fact. Why? Because people who earn less pay a larger percentage…

U.S. Sales Tax for International Sellers

U.S. Sales Tax for International Sellers

For international companies that sell products to U.S. customers, American sales and use tax laws can be complicated. International vendors may believe that they are exempt from these taxes when they are not, or they may think the U.S. tax model resembles the VAT. These companies can find themselves liable for uncollected taxes, penalties and…

Sales Tax on Consulting Services: What the Future May Hold

Sales Tax on Consulting Services: What the Future May Hold

While many retailers are focused on the flood of consumers turning to online vendors to purchase goods, they may not be aware of the fact that some states are trying to pass budgets and legislation to remove exemptions for service providers, in some or all areas. This is because sales taxes revenues are falling in…

Is Sales Tax Fair?

Is Sales Tax Fair?

As the presidential election draws closer, the debate over taxes is getting a lot more coverage on media today. One issue on the minds of some of the candidates is about the fairness of sales and income tax. There are differing opinions on how to approach an equitable tax burden for the American public. To…