Which of the following is a unit excise tax?
A) A tax of 15%
B) An ad valorem tax of $3.00 per $100 of value
C) An income tax of $3.00 per $100 of income earned
D) An admission fee of $2.00 on each ticket purchased
Correct Answer:
Verified
Q13: The main attraction of is the ease
Q15: Consumption taxes are generally viewed as
A)simple to
Q16: For zero-rated items such as prescription drugs,
Q17: Some provinces have replaced their retail sales
Q19: When each firm is liable for tax
Q20: A unit tax is
A)less than 0.
B)a percentage
Q21: A publisher sells $400,000 worth of books,
Q23: Throughout this discussion of taxes, there has
Q29: Under a consumption tax,only current expenditures are
Q34: A differential commodity tax is the same
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