What is the name of a state tax levied on a natural resource taken from the earth?

Question

Quizplus · Accepted Answer

A severance tax is a tax levied on a natural resource, such as coal, oil, and gas, that is taken from the earth or severed from the land. The tax is usually imposed as a percentage of the value of the resource extracted or severed, and it is typically collected by the state government. The proceeds from the tax are often used to fund state programs, such as education and infrastructure projects.

What Is the Name of a State Tax Levied on a Natural