Which of these is an example of a tax on consumption?
Question 2b of 10 - Taxes
- Maximum Attempts: 1
- Question Type: Multiple Choice
- Maximum Score: 2
- Question: Which of these is an example of a tax on consumption?
- Cigarette tax
- Real estate tax
- Medicare tax
- Social Security tax
The correct answer is: Cigarette tax. Whenever a specific product is taxed, that's a tax on consumption.
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