Excise taxes are typically levied on the value of a good purchased.Excise taxes are levied on the quantity of products sold.

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Excise taxes are typically levied on the quantity of products sold, not the value of the good purchased. Examples of excise taxes include taxes on cigarettes, gasoline, and alcohol, which are based on the quantity purchased rather than the price paid.

Excise Taxes Are Typically Levied on the Value of a Good