Which of the following would be considered indirect taxes?
A)Gasoline tax.
B)Social security.
C)Federal income tax.
D)State income tax.
E)Gift tax.

Question

Quizplus · Accepted Answer

Indirect taxes are levied on goods and services rather than on income or profits. The gasoline tax is an example of an indirect tax because it is a tax on the sale of gasoline, not directly on the income of the person buying the gasoline.

Which of the Following Would Be Considered Indirect Taxes