Business

PLEASE ANSWER I REALLY WANT TO GRADUATE 1. What are the differences between a sales tax and a use tax?A. A sales tax is levied on the purchases of goods while a use tax is levied on the purchases of sevices.B. A sales tax is collected when a good or service is purchased by a consumer while a use tax is collected when a good or service is purchased by a businesses.C. A sales tax is on the purchase of goods and services at the point of sale while a use tax is paid on goods and services purchased when sales tax was not paid.D. A sales tax on goods and services is paid by a region's residents and a use tax is paid by non-residents, both at the point of sale.2. Compare how Medicare taxes are paid by individuals who are employees to those who are self-employed.A. Employees pay half (1.45%) of the Medicare tax while the employer pays the other half. Self-employed individuals pay for both halves of the tax (2.9%).B. Employees do not pay the Medicare tax and the employer pays for both halves of the tax (2.9%). Self-employed individuals pay for both halves of the tax (2.9%).C. Employees pay half (1.45%) of the Medicare tax while the employer pays the other half. Self-employed individuals pay half (1.45%) of the Medicare tax.D. Employees pay for both halves of the tax (2.9%) and the employer does not pay the Medicare tax. Self-employed individuals do not pay Medicare tax.3. Which type of tax describes excise taxes, sales taxes, and tolls?A. Progressive taxB. Flat taxC.regressive taxD. Use tax4. Identify all the groups that pay property tax.A. Landowners, homeowners, and businessesB. Businesses and individualsC. Employers and employeesD. Landowners and homeowners5. How are businesses taxed with the corporate income tax?A. Businesses pay a progressive tax based on their total expenses.B. Businesses pay a proportional tax based on their total receipts.C. Businesses pay a proportional or progressive tax based on their profits.D. All businesses pay the same amount of tax each year.