What is a difference between Income Tax and Excise Tax
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1.Income tax is imposed on a person's income while excise tax is imposed on a Country's produced goods.
2.Income tax is direct on the other hand excise is indirect.
3.Income tax are directly paid by the those who owe them while excise tax are often added to the price of goods.
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Income tax is imposed on a person's income while excise tax is imposed on a Country's produced goods. Income tax are directly paid by the those who owe them while excise tax are often added to the price of goods.
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