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14 October, 15:30

How is an excise tax different from a sales tax?

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  1. 14 October, 17:00
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    There are two basic differences between sales tax and excise tax. While excise tax is levied only on certain goods and services that are considered harmful or linked to specific health issues, sales tax is applied to a broad range of things. Also, sales tax is calculated a percentage of the sale price.
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