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Which of the following is considered a purchase tax? a. income tax b. Social Security c. property tax d. excise tax

Roger Moore

in Business

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1 answer

Melissa Norris on March 20, 2018

I think the answer is: D. taxes on consumption.The purchase of tax refers to the taxes that must be paid by the buyer, provided that the purchase of a particular product. An example would be a consumption tax.The indirect tax is the tax that buyers must pay when we buy a product to create some sort of negative effect to the society or the environment. Example of a tax would be gasoline tax.

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