ANSWER: Indirect and Regressive
EXPLANATION: The Sales Tax is a tax which is imposed by the government on the sale of products and services. This tax is both Indirect and Regressive in nature.
Sales Tax is indirect because it is imposed by the government but are collected by the seller or the manufacturers (also known as Intermediary) on behalf of the government from the consumers. The intermediary then passes on the tax to the government.
Sales Tax is also regressive in nature as it imposed uniformly on the consumers regardless of the economic condition of the buyer. The term 'Regressive' means that the tax distribution pressure decreases as the buyer's income goes higher. The tax burden will be higher for low income group people and will be lower for high income group people.
The best explanation for this decision is "financial leverage".
Financial leverage refers to the amount of debt that is used by an entity to purchase more resources. Leverage is utilized to abstain from utilizing excessively value to support operations. An intemperate measure of money related use expands the danger of disappointment, since it turns out to be more hard to repay debt.
The revision that eliminates the pronoun shift in the sentence below is If a student wishes to go on the field trip, he or she must bring in a permission slip. This is further explained below.
<h3>What is a permission slip?</h3>
Generally, A permission slip is simply defined as a form that another institution sends home with a pupil and a parent in which the parent authorizes minors.
In conclusion, a permission slip is required as consent from the guardian.
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