scenario: robert has recently learned that when he buys gas for his car he is not paying just for the…
scenario: robert has recently learned that when he buys gas for his car he is not paying just for the product. a percentage of the total cost is going to the federal and state government as a form of tax. based on what you have read, what type of tax is robert paying? a tariff a sales tax an excise tax a corporate tax
Answer
Brief Explanations:
A tariff is a tax on imports/exports. A sales tax is on general goods and services at point - of - sale. An excise tax is on specific goods like gasoline. A corporate tax is on corporate profits. Since Robert is paying tax on gasoline, it's an excise tax.
Answer:
C. an excise tax