Dozens of states have a general sales tax. In Illinois, the tax covers consumer goods, but not services. That's a mistake, ...
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Hosted on MSNWhat Is an Indirect Tax and How Does It Impact Your Money?Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as ...
In recent months, tariffs have become a significant concern for businesses importing goods, particularly in relation to trade ...
President Donald Trump's tariffs on America's three largest trading partners have led to questions about how tariffs work and who pays for them when goods are imported.
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