Author Question: Weaver Bird is a textile wholesaler operating in Texas. It earns a profit of 500,000. It pays 70 ... (Read 29 times)

sam.t96 · **on:** Jul 8, 2018

Weaver Bird is a textile wholesaler operating in Texas. It earns a profit of 500,000. It pays 70 percent of its total revenue as tax. This best exemplifies which type of tax?

a. a franchise tax
b. a sin tax
c. a sales tax
d. a margin tax

Question 2

What do people call the taxes levied on cigarettes, tobacco products, and alcoholic beverages?

a. sin taxes
b. margin taxes
c. pole taxes
d. amusement taxes