Most states' consumer sales taxes are paid by the final purchaser of the taxable asset.

Name: Most states' consumer sales taxes are paid by the final purchaser of the taxable asset.
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Consumer sales taxes are typically collected by businesses from the customer at the point of sale and then remitted to the state. The final purchaser of the taxable asset ultimately bears the burden of the tax, as it is included in the purchase price.

Most States' Consumer Sales Taxes Are Paid by the Final