10.6 Vocab Flashcards
1
Q
consumption tax
A
a tax on the purchase of goods or services in the form of sales tax, excise tax, and other special taxes
2
Q
a tax on the purchase of goods or services in the form of sales tax, excise tax, and other special taxes
A
consumption tax
3
Q
sales tax
A
a tax on goods and services that goes to a state or local government
4
Q
a tax on goods and services that goes to a state or local government
A
sales tax
5
Q
excise tax
A
a tax on certain goods that aren’t typically considered a necessity; sometimes called a luxury tax
6
Q
a tax on certain goods that aren’t typically considered a necessity; sometimes called a luxury tax
A
excise tax
