What is the tax on gasoline an example of
A)a consumption tax
B)a corrective tax
C)an income tax
D)a luxury tax

Name: What is the tax on gasoline an example of A)a consumption tax B)a corrective tax C)an income tax D)a luxury tax
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The tax on gasoline is an example of a corrective tax as it aims to address a negative externality caused by gasoline consumption, such as air pollution and traffic congestion, by making it more expensive and discouraging excessive use.

What Is the Tax on Gasoline an Example of