The extra charge paid by Samantha is $300, including tax, registration fee, title certificate fee and safety and inspection fee.
Given
Price of car = $4,200
Tax rate = 4%
Tax amount = $168
Registration fee = $47
Title certificate fee = $50
Safety and inspection fee = $35
Total extra charge = $168+ $47 +$50 +$35 = $300
Taxes are compulsory monetary compensation by a government organization, whether municipal, provincial, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, such as Medicare and Social Security programs as well as public infrastructure and services like roads and schools.
Taxes are incurred by whoever bears the expense of the tax in economics, whether it is the institution getting taxed, such as a company, or the end customers of the items created by the company. Here Samantha has purchased a new car, so she in required to pay tax to state on this purchase.
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