How are excise taxes and luxury taxes alike?

A. They are used to discourage the purchase of items that are

considered harmful.

B. They are collected by the federal government.

C. They are paid at the same time as income taxes.

D. They are assessed on specific items or transactions.

Question

Gianni Dougherty

23 September, 16:10

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Dania Waters · Answer 1

C. they are payed at the same time as income taxes

How are excise taxes and luxury taxes alike?A. They are used to discourage the purchase of items that areconsidered harmful.B. They are collected by the federal government.C. They are paid at the same time as income taxes.D. They are assessed on specific items or transactions.