Ron Larson
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2.3 Consumption Taxes

2.3 Consumption Taxes
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  • Math Help

    Remember that it is best to perform all calculations involving percent with the decimal form of the percent.

    Remember also that the percent form can easily have decimal places. Whether it does or not, to change to decimal form, move the decimal 2 places to the left.

    Percent Form Decimal Form
    8% 0.08
    1.5% 0.015
    100% 1.0
    1.0% 0.0001
  • Consumer Suggestion

    There are five states that have no sales tax: Alaska, Delaware, Montana, New Hampshire, and Oregon. Do you want to know how your state ranks compared to the rest? The Tax Foundation provides a chart of all states' sales taxes.

  • Checkpoint Solution
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    system user
    Ron Larson (author)1 decade ago |
    In the past, tuberculosis has been called consumption. Obviously, that is not the meaning we are intending in this section. Our use of the word consumption is based on the words "consuming" and "consumer".
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