Failure to form one's own identity leads to failure to form a shared identity with others, which could lead to instability in many areas as an adult. The identity formation stage of Erik Erikson's theory of psychosocial development is a crucial stage in life.
Since January 2017, 5 states (Alaska, Delaware, Montana, New Hampshire and Oregon) do not levy a sales tax, while Seattle Washington has the highest state sales tax rate at 10.4% (the territory of Puerto Rico has a higher 10.5% value added tax since April 2016).
Itâs becoming a tradition in Massachusetts: As summer wanes, residents get a weekend of sales-tax-free shopping. The stateâs two-day sales tax holiday takes place Saturday and Sunday, when consumers can make purchases without paying the tax, which amounts to 6.25 percent of the purchase price.