Question

Which product is most likely to have a built-in excise tax?

A.organic apples
B.running shoes
C.clothing made locally
D.high-pollutant gasoline

Answer 1

D. high-pollutant gasoline            

Answer 2

The answer is "D.high-pollutant gasoline".

Excise taxes is commonly charged on items or administrations that are not considered "great" for purchasers or the earth. The most widely recognized items that incorporate an excise tax are liquor, tobacco and gasoline. As an entrepreneur, in the event that you move an item or administration that is liable to excise tax, you are in charge of gathering and making good on that excise tax expense to the suitable government and state specialists.