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Sales tax, lottery and casinos, taxation, severance tax, and user fees are the primary revenue streams for municipal governments.
A sales tax is a levy levied by a government on the sale of specified products and services. Generally, laws allow the vendor to collect tax dollars from the consumer just at point of sale. A use tax is a levy on goods or services paid directly to a governing body by a customer. Food, education, and medications are frequently free from sales and use tax under state legislation. A value-added tax (VAT) levied on products and services is similar to a sales tax. Key distinctions can be found in the comparison with sales tax. A conventional or conventional sales tax is imposed on the sale of a good to its ultimate end.
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