Which of the following taxes is most clearly based on the benefits-received principle of taxation?

a. corporate income tax
b. gasoline tax
c. personal income tax
d. payroll tax
e. value added tax

B

Economics

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What Congressional act, enacted in 1933 and repealed in 1999, prevented financial firms from being both commercial banks and investment banks?

A) the Glass-Steagall Act B) the Cellar-Kefauver Act C) the Sarbanes-Oxley Act D) the Taft-Hartley Act

Economics

What is the difference between the short run and the long run as economists define the two?

What will be an ideal response?

Economics