Answered

Due to health concerns, a state levies a tax of 10
cents on every pound of candy. What type of tax is
this?
A income tax
B excise tax
C corporate tax
D sales tax



Answer :

GinnyAnswer

Final answer:

An excise tax is a specific tax placed on particular goods to deter consumption or generate revenue.


Explanation:

Excise tax is a type of tax levied specifically on the production or sale of certain goods. It is used to discourage consumption of particular products or raise revenue. Examples of excise taxes include taxes on gasoline, cigarettes, and alcohol.


Learn more about taxation here:

https://brainly.com/question/1980107


Other Questions