Things You Might Not Get Right About Sales Tax

State sales tax

Not all states are created equal when it comes to taxation. Some states have a uniquely high sales tax rate such as the California sales tax. Californians pay the highest state sales tax in the country at a minimum of 7.25 percent. However, only six percent of that money goes to the state. The remaining 1.25 percent is an additional local tax used to pay for county and city funds, according to Smart Asset.

California, Indiana, Mississippi, Rhode Island and Tennessee are all tied for the second-highest state sales tax rate, according to a study by the Tax Foundation.

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2 thoughts on “Things You Might Not Get Right About Sales Tax”

  1. Susanna Hochman

    We do pay too much on taxes,and the rich do not pay their fair share.but we still pay less then other nations

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