17
QuizMultiple Choice

Unit Test — Unit test

Question 17 • FL-2102345-Economics with Financial Literacy Honors

How is an excise tax different from a sales tax?

Answer
A
An excise tax is not deductible.
A
An excise tax applies to specific products.
A
An excise tax applies only to imported goods.
A
An excise tax is an indirect tax.
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How is an excise tax different from a sales tax?