What is excise tax and payroll tax? I already googled it ,but I still don't understand it.

2 answers:

6 0

Answer: Generally, excise duties have one of two purposes: to maximize revenue and to deter specific activity or the purchasing of specific goods. On all grounds, taxes such as those on electricity, alcohol and tobacco purchases are frequently 'justified'.

Explanation:

Taxes such as those on electricity, alcohol and tobacco purchases are frequently 'justified'.

NemiM [27]2 years ago

3 0

Excise taxes are taxes paid when purchases are made on a specific good, such as gasoline. Excise taxes are often included in the price of the product. There are also excise taxes on activities, such as on wagering or on highway usage by trucks. One of the major components of the excise program is motor fuel. And a payroll tax is a tax withheld from an employee's salary by an employer who pays it to the government on their behalf. The tax is based on wages, salaries, and tips paid to employees.

Hope this help :)) good luck

You might be interested in

1. What was the name of the "Lost Colony", and what year was it established

Natasha_Volkova [10]

I think it was Georgia ?
Georgia became a colony is 1732 , became a state in 1788 i believe.

4 0

1 year ago

Read 2 more answers

In a chemical reaction water decomposes to form hydrogen and oxygen.. what is the correct term for water

Savatey [412]

The correct term for water is H2O.

8 0

2 years ago

Explain how social harmony can be promoted in the society

Ad libitum [116K]

Answer:

National beliefs and values for one's own nation and those for other nations do influence the social harmony. The function of government is to use force to ensure civil peace, justice, equality and liberty. Hence a Government should be honest, legitimate, democratic and accountable in order to promote social harmony.

Explanation:

Hope this helpss!!

6 0

2 years ago

Select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for

larisa86 [58]

Labor unions can increase wages through:

collective bargaining

Reducing supply of labor

and increasing demand for labor

In collective bargaining, the workers can send their representatives to negotiate new working terms with employers (including work hours and increasing wages).

Reducing supply of labor would make the existing laborers become more lucrative, rare and valued. This would resulted in an increase of workers' wages.,

Increasing demand for labor can be done by improving the members' skills through courses or seminar. By having additional skills, the members can be eligible to harder and more rare job opportunities. This usually correlate with higher wages

4 0

3 years ago

Read 2 more answers

The average weather condition in an area over a long period of time is called

madreJ [45]

I believe the correct answer from the choices listed above is option B. The average weather condition in an area over a long period of time is called climate. It is a statistical distribution of weather patterns when that change lasts for an extended period of time. Hope this answers the question.

4 0

2 years ago