To classify the types of tax as being paid by consumers or businesses, here's how they fit into the table:
| Type of Tax | Paid by Consumers | Paid by Businesses | |----------------------|------------------|-------------------| | Excise Tax | | ✔️ | | Employment Tax | | ✔️ | | State Gasoline Tax | ✔️ | | | Sales Tax | ✔️ | |
Explanation:
- Excise Tax: Typically paid by businesses (producers or manufacturers), but can be passed on to consumers.
- Employment Tax: Paid by businesses as part of payroll taxes for their employees.
- State Gasoline Tax: Paid by consumers when they purchase gasoline.
- Sales Tax: Paid by consumers when they make a purchase; collected by businesses on behalf of the state.