Which of the following is not characteristic of an excise tax?

A) An excise tax is levied on the retail sale of specific goods.

B) Excise tax rates typically are higher than general sales tax rates.

C) Purchasers of luxury items are responsible for paying any excise tax directly to the government.

D) All of the above are characteristics of an excise tax.

What gives the federal government the right to impose a tax on individual and corporate income? A) Internal Revenue Code of 1986 B) Revenue Act of 1913 C) Sixteenth Amendment to the U.S. Constitution D) Bill of Rights