In addition to tax income for the government, what other purpose do excise taxes have? They are often used to punish firms for overpricing. They are often used to discourage the purchase of products. They are often used to discourage the purchase of imported goods. They are often used to force firms to improve the quality of their products.

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Zachery Hayes

3 March, 13:15

In addition to tax income for the government, what other purpose do excise taxes have? They are often used to punish firms for overpricing. They are often used to discourage the purchase of products. They are often used to discourage the purchase of imported goods. They are often used to force firms to improve the quality of their products.

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Theodore Weeks · Answer 1

Excise taxes are inland taxes as opposed to border taxes, meaning they deal mainly with domestic goods and services. They are often " used to discourage the purchase of products" such as cigarettes and alcohol.