Mark and Barry Own the Warehouse Liquor Store in Town

Multiple Choice

Mark and Barry own the Warehouse Liquor Store in town. They are careful to pay all of their taxes in full and on time. Recently the local government has decided to raise the taxes imposed on the sale of cigarettes and liquor. Barry and Mark are upset about this because:

A) they will certainly have to pay more taxes.
B) people will likely buy less cigarettes and liquor from them.
C) the government has increased the sales tax.
D) their personal property tax will now increase.