Taxes on sales of liquor, tobacco, and tires are examples of
A)direct taxes.
B)excise taxes.
C)progressive taxation.
D)loopholes.

Question

Quizplus · Accepted Answer

Taxes on sales of specific goods, such as liquor, tobacco, and tires, are typically excise taxes. These are taxes imposed on the sale or production of a specific good or service, rather than more general taxes like income tax or property tax.

Taxes on Sales of Liquor, Tobacco, and Tires Are Examples