Sales Tax Versus Property Tax
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The paper argues that South Carolina's property tax is more preferable and more indispensable than the state's sales tax. While the latter has certain things operating in its favor, at least one observer has accused it of being inefficient, and the paper suggests that, from the available literature, it does not serve the state's most important functions, chiefly education, as well as does the property tax.
From the Paper:"South Carolina's Sales Tax versus the State's Property Tax Taxation is a major concern in many jurisdictions, and South Carolina is no different. The following paper will examine the relative merits of South Carolina's sales tax versus its property tax. As should become clear, there are things to commend the state's sales tax as well as items that call it into question. Conversely, the state's property tax may not be welcomed by home-owners, but it does serve the vital function of strengthening South Carolina's education system. As well, it appears to be easier to enforce and to implement than a sales tax (at least at the present time) and property taxes in general are more efficiently administered because they are so much more difficult to evade."
Cite this Comparison Essay:
Sales Tax Versus Property Tax (2005, December 01) Retrieved April 06, 2020, from https://www.academon.com/comparison-essay/sales-tax-versus-property-tax-87188/
"Sales Tax Versus Property Tax" 01 December 2005. Web. 06 April. 2020. <https://www.academon.com/comparison-essay/sales-tax-versus-property-tax-87188/>