The correct answer is Option 3: Wealth tax.
Here’s why:
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Direct tax: A tax that is paid directly by an individual or organization to the government. Wealth tax, which is levied on the total value of an individual's assets, is a direct tax because it is paid directly by the person or entity owning the wealth.
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Excise duty: This is an indirect tax imposed on the manufacture or sale of goods within a country. It is not directly paid by the consumer but is included in the price of the product.
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Value Added Tax (VAT): This is an indirect tax on consumption that is paid by the end consumer but collected and remitted to the government by businesses.
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Entertainment tax: This is also an indirect tax levied on the entertainment sector, such as movie tickets or amusement parks.
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