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Question Number 296
Excise taxes
Imposed on a specific good or service.Some are imposed to discourage production and consumption of these goods. Ex: cigarettes, alcoholMay be used for specific purposes such as to fund convention and visitors bureaus or to build or refurbish sports stadiums
✔ Correct Answer:
Imposed on a specific good or service.Some are imposed to discourage production and consumption of these goods. Ex: cigarettes, alcoholMay be used for specific purposes such as to fund convention and visitors bureaus or to build or refurbish sports stadiums
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