Chapter 1, Problem 15DQ

Who is responsible for collecting sales and excise taxes? Who actually pays the tax?

As stated in the text, the federal income tax is the largest revenue-producing tax in use in the United States. Why do you think the income tax produces more revenue than any other tax?

Based solely on the definitions in the chapter, is the sales tax a proportional, regressive, or progressive tax? Explain, and state how the tax might be viewed differently.