select the correct answer. which type of tax is levied on the consumption of specific goods and services? a…

select the correct answer. which type of tax is levied on the consumption of specific goods and services? a. corporate tax b. excise tax c. progressive tax d. property tax

select the correct answer. which type of tax is levied on the consumption of specific goods and services? a. corporate tax b. excise tax c. progressive tax d. property tax

Answer

Brief Explanations:

Corporate tax is on corporate income. Progressive tax is based on taxpayer's ability - to - pay. Property tax is on property value. Excise tax is levied on consumption of specific goods and services.

Answer:

B. excise tax