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What are exise taxes?

Updated: 9/20/2023
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Q: What are exise taxes?
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Related questions

How much is taxes on a new car in Oklahoma?

Exise tax is 3.25% of the retail sale price. No sales taxes.


When was the Hamiltonian economic measure repealed by Jefferson and Gallatin?

exise tax


What is the use of taxing and spending power to shape the economy known as?

That is called "social engineering," meaning you are shaping consumer behavior by discouraging the use of things you tax heavily: tax on liquor, cigarettes, gasoline, exise tax on tires, etc. , and encouraging the use of things you either do not tax or even give subsidies to, such as hybrid cars, energy efficient light bulbs, producing ethanol as a fuel supplement, and other things. Another example is home ownership is encouraged by being able to deduct from your taxes mortgage interest and property taxes. This is based on the basic principal that people do less of things that are taxed, and more of things that are not.


What are the type of taxes?

Taxes may be proportional taxes, progressive taxes or regressive taxes, based on how they are calculated.Some types of taxes are excise taxes, income taxes, sales and value-added taxes, and property (ad valorem) taxes.


Types of taxes?

Proportional taxes, progressive taxes and regressive taxes


What is the meaning of taxes?

High Taxes are taxes in large amount. These taxes can be of various services.


What is the meaning of high taxes?

High Taxes are taxes in large amount. These taxes can be of various services.


What taxation strategy is when the amount of taxes is not determined by your income?

There are many taxes that are not determined by your income:sales taxes, property taxes, tariffs, excise taxes, capitation or "head" taxes, etc.


When are 2009 taxes due?

Federal Form 1040 is due April 15, 2010.Other types of taxes such as corporate taxes, estimated taxes, local taxes, property taxes, employments taxes, excise taxes all have their own due dates.


What taxes are higher corporate or income taxes?

income taxes


What are the three taxes taken form your paycheck?

It will depend on where you reside as to what taxes are withheld. Federal Withholding taxes, FICA taxes, and Medicare taxes are the federal taxes that are withheld. Most people will also be effected by State taxes and some will even have to pay city or county income taxes along with the other taxes.


What are llc taxes and what do they have to do with business?

LLC taxes are taxes packages that apply to limited liability companies. These taxes are separate from taxes that a regular company would pay and some companies who pay these taxes are sometimes exempted from other taxes.