Government imposes taxes to _________.

check the accumulation of wealth among the rich

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run the machinery of state

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uplift weaker sections

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none of the above

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Solution

The correct option is B run the machinery of state

The government imposes excise taxes, just like any other tax, to raise money for the government and its programs and services. Excise taxes are imposed on specific goods such as gasoline and activities such as wagering and highway usage, according to the Internal Revenue Service.

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