Which of the following is considered a purchase tax? a. income tax b. social security c. property tax d. excise tax please select the best answer from the choices provided a b c d

Respuesta :

The purchase tax is paid by the consumer over a commodity. The excise tax has been considered as the purchase tax.

What are taxes?

The taxes are the contribution to the state made to develop the contribution to the revenue. The Purchase tax has been the tax paid by the individual over the product buy.

The following tax is paid as:

  • Income tax: Over income
  • Social security: Over the protection
  • Property tax: Over the land owned
  • Excise tax: Over the purchase

Thus, the excise tax has been the type of purchase tax. Thus, option D is correct.

Learn more about purchase tax, here:

https://brainly.com/question/12760820

Answer:

D: Excise tax

Explanation:

EDGE: 2022