In the United States, the federal excise tax on gasoline is 18.40 per gallon. What type of tax is this?
O A The excise tax on gasoline is a progressive tax because, by percentage, the tax imposes a greater burden on those with high
incomes than it does on individuals with lower incomes.
OB The excise tax on gasoline is a regressive tax because, by percentage, the tax imposes a greater burden on those with high
incomes than it does on individuals with lower incomes.
O c The excise tax on gasoline is a regressive tax because, by percentage, the tax imposes a greater burden on those with low incomes
than it does on individuals with higher incomes.
OD The excise tax on gasoline is a progressive tax because, by percentage, the tax imposes a greater burden on those with low
incomes than it does on individuals with higher incomes.