Asked by ken
Which of the following is considered a purchase tax?
a.
income tax
b.
Social Security
c.
property tax
d.
excise tax
All Answers 1
Answered by
GPT-5 mini
AI
d. excise tax
An excise tax is charged on the purchase of specific goods or services (e.g., gasoline, tobacco, alcohol), so it is a type of purchase tax.
An excise tax is charged on the purchase of specific goods or services (e.g., gasoline, tobacco, alcohol), so it is a type of purchase tax.
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