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18 May, 18:41

Which of the following is considered a purchase tax?

a. income tax

b. Social Security

c. property tax

d. excise tax

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Answers (2)
  1. 18 May, 18:57
    0
    I believe the answer is: D. excise tax

    .

    Purchase tax refers to the tax that must be paid by the buyer whenever they purchase a certain product. One of the example would be an excise tax.

    Excise tax is the tax that buyers must paid when we buy a product that create some sort of negative effect to the society or environment. Example of an excise tax would be gasoline tax.
  2. 18 May, 19:03
    0
    The option that is considered to be a purchase tax is property tax. If you buy property, that means that you purchased it, and that you need to pay tax for it.
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