State and local governments in this country use sales taxes, Business Economics

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State and local governments in this country use sales taxes

State and Local Governments in this country use sales taxes as means of generating revenue. In other countries, a value added tax (VAT) is used to generate Government revenue. Please explain the difference. In your opinion, which tax system is most efficient? Please explain why with examples.

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Business Economics: State and local governments in this country use sales taxes

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Business Economics: State and local governments in this country use sales taxes

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