Does sales tax account exists?

regressiveindirect

A sales tax is a consumption tax, usually paid by the consumer at the point of purchase

regressive

There isn't a Federal sales tax but the individual States and Cities have different ways of taxing the sale. For instance in NC there is a Transfer tax when you sell your home.

The sales tax is an indirect tax, because it is collected by the seller and then paid to the government.(The labeling of the sales tax as "regressive" means that it is seen to unfairly impact the...