A tax on the value of a good or service being purchased is called a(n) :
A) sales tax.
B) payroll tax.
C) personal income tax.
D) excise tax.
Correct Answer:
Verified
Q149: If the federal government brings in $3
Q150: Which of the following is an example
Q151: Federal government spending in the United States:
A)has
Q152: The U.S. Social Security system pays current
Q153: If the federal government brings in $1.1
Q155: A public expenditure that has to be
Q156: How do the payroll tax and the
Q157: Corporate taxes in the United States are:
A)regressive.
B)proportional.
C)progressive.
D)a
Q158: When a government spends more than it
Q159: FICA, the tax that supports U.S. Medicare
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