A(n) _____ is an additional tax on certain items imposed by the federal government.
A) excise tax
B) income tax
C) incorporation tax
D) value added tax

Question

Quizplus · Accepted Answer

An excise tax is an additional tax placed on specific items such as alcohol, tobacco, gasoline, and luxury goods. These taxes are often added to the price of the product and paid to the federal government.

A(n) _____ Is an Additional Tax on Certain Items Imposed