The Most Common Term for a Consumption Tax Is

question 135

Multiple Choice

The most common term for a consumption tax is:

• A)wealth tax.
• B)progressive tax.
• C)sales tax.
• D)income tax.

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Definitions:

Federal Government

The national government of the United States, composed of three branches (legislative, executive, and judicial), established by the Constitution.

Classless Society

A society in which no classes exist, and the social hierarchy is flattened such that all individuals have equal access to resources and opportunities.

Free Agency

The ability of an individual, especially in professional sports or employment, to make choices about where to work or whom to contract with without undue restrictions.

Popular Rights

Refers to the rights and freedoms that are considered to be universally entitled to all individuals, often associated with democratic practices and principles.