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Costly Inputs: Unraveling Sales Tax's Impact on Businesses

Costly Inputs: Unraveling Sales Tax's Impact on Businesses

FromThe Deduction


Costly Inputs: Unraveling Sales Tax's Impact on Businesses

FromThe Deduction

ratings:
Length:
32 minutes
Released:
Feb 13, 2024
Format:
Podcast episode

Description

Sales taxes go beyond a few extra bucks at the register. It’s not just about what you pay, but who pays. What are the implications of state sales tax bases across the U.S.? Katherine Loughead, Senior Policy Analyst & Research Manager at the Tax Foundation, joins Kyle Hulehan. Together, we'll uncover the core principles behind an efficient sales tax system and examine how taxing business inputs can lead to economic inefficiencies and higher prices for consumers.  Links:  https://taxfoundation.org/research/all/state/kentucky-sales-tax-reform/ https://taxfoundation.org/data/all/state/2024-sales-taxes/  https://taxfoundation.org/taxedu/glossary/tax-pyramiding/ Support the showFollow us!https://twitter.com/TaxFoundationhttps://twitter.com/deductionpodSupport the show
Released:
Feb 13, 2024
Format:
Podcast episode

Titles in the series (62)

The Deduction is your independent guide to the complicated world of tax and economics. From the impacts of tariffs and trade wars to debates over who pays and how much, each episode, our experts untangle another aspect of the tax code. Listen to the leading tax podcast!