A sales tax applied to a specific product, such as gasoline, is called a(n) _____ tax.
A) specific
B) excise
C) income
D) property

Name: A sales tax applied to a specific product, such as gasoline, is called a(n) _____ tax. A) specific B) excise C) income D) property
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

Quizplus · Accepted Answer

An excise tax is a tax applied to specific goods or services, such as gasoline, alcohol, or tobacco, often with the aim of reducing consumption of these goods or raising revenue for specific purposes.

A Sales Tax Applied to a Specific Product, Such as Gasoline