1. Increases in tax agreements between Airbnb and many states
Read the following article, which introduces the concept of taxes. Then answer the question that follows.
INCREASES IN TAX AGREEMENTS BETWEEN AIRBNB AND MANY STATES, BY THE APLIA ECONOMICS CONTENT TEAM
Similar to how Uber has disrupted the taxi service market in many cities, Airbnb continues to rival the hotel industry across the world. As of
March 2017, Airbnb had 150 million users and over half a million hosts. This home rental business affords travelers an opportunity for unique
and personal lodging while also allowing homeowners to collect additional income by renting out empty spaces.
Historically, Airbnb rentals were not officially subject to the same tax regulations as the hotel industry. While some hosts have been
incorporating tax payments into their prices and subsequently reporting taxes to their state and local municipalities, most have been ignoring
the issue since Airbnb had no official tax arrangement, but this landscape has been changing dramatically in recent years. According to an
article in News-Press Now (Jennifer Hall, \"Airbnb Starts Paying Taxes in Missouri,\" February 2, 2018), as of February 1, 2018, Airbnb will collect
state and local taxes on behalf of Missouri households that rent their spaces through Airbnb's website. In fact, Airbnb now has nearly 360 tax
Which of the following taxes is not part of the breakdown of the 4.2% in state sales tax that the Missouri Department of Revenue will collect from
Airbnb?
School tax
City sales tax
Tourism tax
Promotional tourism tax