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Chapter 6: Q. 6.13 (page 141)
What was the company's marginal city income tax rate in 2018? Did this company experience proportional, progressive, or regressive taxation? Explain briefly.
25%
Progressive
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Suppose that a state has increased its sales tax rate every other year since 2009. Assume the state collected all sales taxes that residents legally owed. The table below summarizes its experience. What were total taxable sales in this state during each year displayed in the table?
How could the legal expenses incurred in establishing rights to assess remote sales and the costs that states incur in collecting such taxes cut further into dynamic analysis estimates of the net revenue gains to states from implementing the taxes ?
Given that the current gasoline excise tax is computed by applying a per gallon tax rate to each gallon an that a future vehicular user fee would be calculated by applying a per mile fee to each mile, is there any economic distinction between a 'tax' and a 'fee' ?
The sales tax rate applied to all purchases within a state was 0.04 (4 percent) throughout 2016 but increased to 0.05 (5 percent) during all of 2017. 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 2016 and 2017? What could account for this result?
Why might pressures to satisfy government budget constraints give state governments incentives to seek to tax remote sales even if they were to determine that actual net revenues collected likely would be less than originally estimated?
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