Broad-based taxes collected on the retail price of most items are called
A)general sales taxes.
B)ad valorem taxes.
C)user taxes.
D)hidden taxes.

Question

Quizplus · Accepted Answer

General sales taxes are taxes collected on most items at the time of retail purchase. They are broad-based because they are imposed on a wide range of goods and services, rather than being targeted to specific industries or activities.

Broad-Based Taxes Collected on the Retail Price of Most Items