Multiple Choice
Which of the following is an example of an excise tax?
A) a tax on the wages that a firm pays its workers
B) a tax on tobacco
C) a tax on corporate profits
D) the portion of federal income taxes earmarked to pay for Social Security and Medicare
Correct Answer:

Verified
Correct Answer:
Verified
Q76: The U.S.federal government spends its revenues in
Q77: For state and local governments,in 2011,sales taxes
Q79: The payroll tax differs from the individual
Q80: In 2011,what percentage of federal government receipts
Q82: The largest source of revenue for the
Q83: Which of the following statements is correct?<br>A)National
Q84: State and local governments receive the largest
Q85: A budget deficit<br>A)occurs when government receipts are
Q86: The federal taxes owed by a taxpayer
Q189: The federal healthcare spending program that specifically