Mathematics
Mathematics, 11.08.2021 16:50, lucretiak74

Excise tax, also known as sin tax is a sales tax specifically levied on certain goods deemed harmful to society and individuals e. g. alcohol, tobacco, drugs, sugar, etc. In addition to VAT, excise tax is paid on all cigarettes and alcoholic drinks. This tax varies from item to item. A table of the Zulu household's consumption of these items, with their applicable excise tax, is given below: Item Monthly Quantity Excise Tax 4 x 750ml bottles R10.16/litre Sparkling Wine Whiskey 2 x 750ml bottles R65.84/750ml bottle Beer 24 x 340ml cans R2.70/340ml Cigarettes 30 x packets of R16.66/packet of 20 20 3.1. Determine the total amount of excise tax paid per month by the Zulu Household 3.2. Give TWO reasons why do you think sin / excise tax is so high? (6) (10)​

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Excise tax, also known as sin tax is a sales tax specifically levied on certain goods deemed harmful...

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