Each year more than $3 million is collected from federal excise taxes on alcohol.

a. True

b. False

Question

Social Studies

Kaleigh Rosales

26 April, 01:07

Each year more than $3 million is collected from federal excise taxes on alcohol.

a. True

b. False

+1

Answers (2)

Know the Answer?

Gilbert Yang · Answer 1

True but we collect more than that a year

Lexi · Answer 2

The answer is true. The Federal government collected approximately $23 billion in annual excise tax revenues in 2014. With audits, examinations, and revenue investigations, they collected more tax revenue through penalties, and interest of more than $300 million from businesses not paying their fair share.

Each year more than $3 million is collected from federal excise taxes on alcohol.a. Trueb. False

Each year more than $3 million is collected from federal excise taxes on alcohol.

a. True

b. False