Why are excise duties an attractive method of raising tax for governments?
Select TWO that apply.
Suggested Answer: D
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37 comments · newest first
KR
Kristel
12 months ago
Same tax for everyone? That sounds unfair!
SH
Shawn
12 months ago
I thought reclaiming taxes was a myth.
JA
Jade
1 year ago
Wait, does it really encourage more alcohol consumption?
CA
Carlee
1 year ago
Totally agree, high yields make it attractive too.
GA
Gabriele
1 year ago
Low cost of collection is a big plus!
GA
Gabriele
1 year ago
I feel like option D could be a good choice since some excise taxes can be reclaimed, but I need to double-check that.
LA
Laticia
1 year ago
I’m a bit confused about option C. I thought excise duties were meant to discourage consumption of certain products, not encourage it.
AD
Adell
1 year ago
I remember discussing that excise duties can generate high yields, so I might go with B as one of my choices.
KA
Karma
1 year ago
I think option A makes sense because excise duties are usually easier to collect than income tax, but I'm not entirely sure.
ST
Stephaine
1 year ago
I think the AWSCloudAPIBase class would be the best choice here. It's designed specifically for making REST API calls to AWS, so it should have the least amount of code required.
BR
Britt
1 year ago
I feel pretty confident that A is the correct answer. The core idea of utilitarianism is maximizing overall happiness and well-being, which is what that option describes.
RO
Rosamond
1 year ago
I've seen questions like this before. The key is to understand the ILS update process and how it relates to the network diagram. I'm pretty confident the answer is 9 hops, which is option C.
TA
Tammi
1 year ago
I lean towards saying it's about improved accuracy. There were examples in our notes comparing full factorial and fractional designs, but I can't recall the exact point.
OT
Otis
1 year ago
Excise duties, the government's version of a 'sin tax' – because who needs a social life when you can have a tax bill instead?
VE
Veta
1 year ago
Excise duties? Sounds like the government is trying to squeeze us dry like a lemon. Better start stockpiling our favorite vices before they tax the fun out of everything!
NO
Nobuko
1 year ago
E) Ensures that the tax levied on all taxpayers is the same irrespective of their spending habits.
LA
Lashaunda
1 year ago
C) Encourages consumption of products such as alcohol.
HE
Helga
1 year ago
Excise duties are a way for the government to make money easily.
FI
Filiberto
1 year ago
B) High yields from the tax.
CE
Celeste
1 year ago
A) Low cost of collection compared to other forms of taxation.
RE
Reita
1 year ago
Ah, the good old 'one size fits all' approach to taxation. Gotta love how the government keeps things simple, even if it means we all pay the same no matter how much we spend.
LO
Louann
1 year ago
Wait, you mean I can't reclaim this tax? Well, there goes my hope of getting a refund to fund my alcohol habit.
AL
Alida
1 year ago
B) High yields from the tax.
CA
Carry
1 year ago
A) Low cost of collection compared to other forms of taxation.
SA
Sanda
1 year ago
Encouraging consumption of alcohol? That's one way to keep the masses happy, I suppose. Guess the government is feeling a bit tipsy with this tax plan.
TO
Tonette
1 year ago
True, it's a way to make sure everyone pays their fair share.
JU
Juan
1 year ago
E) Ensures that the tax levied on all taxpayers is the same irrespective of their spending habits.
FI
Fidelia
1 year ago
B) High yields from the tax.
MI
Mike
1 year ago
Yeah, it's a sneaky way to make money and keep people happy.
ER
Eric
1 year ago
C) Encourages consumption of products such as alcohol.
MY
Myra
1 year ago
A) Low cost of collection compared to other forms of taxation.
MI
Mi
2 years ago
Ooh, excise duties sound like a real party trick for the government! Low cost of collection and high yields? Sign me up for the tax collector's ball!
ER
Ernie
1 year ago
User 2: And they also bring in a lot of tax revenue, it's a win-win for the government!
CA
Cathern
1 year ago
User 1: Excise duties are great for governments because they have low collection costs.
LO
Lorean
2 years ago
But some people may not like it as it encourages consumption of certain products.
FA
Fabiola
2 years ago
Yes, and they also generate high tax revenues for the government.
ME
Meghann
2 years ago
Excise duties are attractive because they have low collection costs.