Examlex
Johnny is asked to donate to a charity.He lies and says he has no money.Johnny's action is best categorised as:
Sales Taxes
Taxes imposed by governments on the sale of goods and services.
Regressive
A type of tax system in which the tax rate decreases as the taxable amount increases, often placing a higher burden on lower-income earners.
Inelastic Supply
A situation where the supply of a good does not significantly change when its price changes, often due to limitations in production capabilities or time constraints.
Excise Tax
A tax imposed on specific goods or services, such as tobacco and alcohol, often intended to discourage their use or generate revenue.
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