Sales taxes,severance taxes,and tariffs are examples of ________.
A)direct taxes
B)indirect taxes
C)value-added taxes
D)withholding taxes
E)stable taxes

Question

Quizplus · Accepted Answer

Sales taxes, severance taxes, and tariffs are all examples of indirect taxes, which are taxes imposed on goods and services rather than individuals. Direct taxes, on the other hand, are taxes imposed directly on individuals or entities, such as income taxes or property taxes. Value-added taxes and withholding taxes are also types of indirect taxes, but they were not included in the list of options. Stable taxes is not a known category of taxes.

Sales Taxes,severance Taxes,and Tariffs Are Examples of ________