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QUESTION
A state decides that it wants to implement an excise tax on tobacco products to help fund healthcare for children. The tax will be a 2% tax on all tobacco products sold in the state. What type of tax
A state decides that it wants to implement an excise tax on tobacco products to help fund healthcare for children. The tax will be a 2% tax on all tobacco products sold in the state. What type of tax is this excise tax?
