Costly Inputs: Unraveling Sales Tax's Impact on Businesses

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 show Follow us! https://twitter.com/TaxFoundation https://twitter.com/deductionpod Support the show