Question

Match each type of tax with an example of its use.

1. Income tax
2. Sin tax
3. Excise tax
4. Consumption tax

A. 9% tax on the sale of luxuries
B. 20% tax on wages earned
C. $0.30 tax on a gallon gasoline
D. 10% tax on gambling winnings

Edit: Correct answers are in the picture​

Answer 1

Answer:

Explanation:

Income tax is B

Sin Tax 10% tax on gambling winnings. The idea is to reduce gambline.

Excise Tax is a fixed tax paid by businesses to the government: 0.3 on a gallon of gasoline.

Consumption tax: 9% tax on luxuries.