Which tax is paid by consumers to vendors at the point of sale?

Name: Which tax is paid by consumers to vendors at the point of sale?
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Sales tax is the tax paid by consumers to vendors at the point of sale on goods or services. Property tax is paid by property owners on the value of their real estate, while wealth tax is paid on the wealth or net assets of individuals. Excise tax is imposed on specific goods or services, such as tobacco or alcohol, by the government.

Which Tax Is Paid by Consumers to Vendors at the Point