Asked by
Paulina Hernandez
on Oct 25, 2024Verified
Which tax is an excise tax?
A) a tax of $0.41 per gallon of gas
B) a tax of 12.4% of your wages
C) a tax on the value of your property
D) a one-time local per capita tax of $50
Excise Tax
A tax on the sale or consumption of specific goods or services, such as tobacco, alcohol, and fuel.
Per Gallon
A unit of measurement used to quantify quantities, such as fuel efficiency or liquid commodity prices, based on volume per gallon.
Per Capita
A statistical measure that divides an aggregate by the number of individuals in the population, often used to express averages.
- Identify types of taxes and their applications, including excise taxes.
Verified Answer
MS
Learning Objectives
- Identify types of taxes and their applications, including excise taxes.