Of course it’s relevant to the business models, specific prices charged, marketing, and general economics.
In a way that means the details matter and you’ll get different end prices, even for the same nominal tax rate, depending on how it is applied.
For instance, when sales taxes are not shown at point of choice (on the shelves) they tend to not impact consumer behavior (US), where when they are (most of Europe), they do.
Which is also why in the US, retailers tend to fight efforts to include sales taxes into on-the-shelf prices. Because they know it will impact sales.
Just like in jurisdictions where renters pay/see property taxes, that impacts their choices, where in places they don’t, it doesn’t. At least in any specific, individual way.
Not having an itemized receipt certainly changes who people think is paying, and for what, eh? And making decisions when there is no ‘itemized receipt’ matters too, doesn’t it?
In a way that means the details matter and you’ll get different end prices, even for the same nominal tax rate, depending on how it is applied.
For instance, when sales taxes are not shown at point of choice (on the shelves) they tend to not impact consumer behavior (US), where when they are (most of Europe), they do.
Which is also why in the US, retailers tend to fight efforts to include sales taxes into on-the-shelf prices. Because they know it will impact sales.
Just like in jurisdictions where renters pay/see property taxes, that impacts their choices, where in places they don’t, it doesn’t. At least in any specific, individual way.