Personal Finance Learning Center
Browse our collection of articles, videos, and activities relating to Personal Finance.
Browse By Topic:
Key Terms
Sales Tax “Sales Tax” is a tax that is charged on goods sold to end customers, the final user of that product. The sales tax is a set percentage of the sale price of the goods sold, and individual states set their own sales tax percentages. Most states use sales taxes to generate revenue to pay for the state’s operations, but some charge no sales tax at all.