Excise taxes are, in general, regarded as regressive, and one levied on fur coats would be no exception.

Name: Excise taxes are, in general, regarded as regressive, and one levied on fur coats would be no exception.
Brand: Quizplus
Rating: 4.7 (32 reviews)

Question

Quizplus · Accepted Answer

Excise taxes on luxury items like fur coats are generally considered progressive, not regressive, because they disproportionately affect wealthier individuals who are more likely to purchase such items.

Excise Taxes Are, in General, Regarded as Regressive, and One