3 years ago

Who usually absorbs the cost of increased excise taxes?

2 answers:

8 0

The answer is B. The consumer who buys the product. The reason is because excise taxes are an indirect tax charged on specific items like tobacco and gas. The consumer who buys those products absorbs the cost by purchasing those items.

DIA [1.3K]3 years ago

6 0

The answer is A. the retailer who sells the product

hope i'm right (^_^) - TiltedTowers13

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