Which of these is an example of an excise tax?

1. Understand the question: The question asks to identify which of the given options is an example of an excise tax.

1. Define excise tax: An excise tax is a tax imposed on the production, sale, or consumption of a specific good or service. These taxes are often levied on items considered non-essential or harmful, such as tobacco, alcohol, gasoline, and luxury goods. They are typically included in the price of the product.

3. Analyze the options:
* A. Property tax: This is a tax levied on the value of real estate and other property owned by an individual or entity. It is not an excise tax.
* B. Motor fuels tax: This is a tax imposed on gasoline, diesel fuel, and other motor fuels. It is a classic example of an excise tax, as it is levied on the sale and consumption of a specific product.
* C. Personal income tax: This is a tax levied on the income earned by individuals. It is based on the ability to pay and is not an excise tax.
* D. Corporate income tax: This is a tax levied on the profits of corporations. It is not an excise tax.

1. Identify the correct option: Based on the definition of an excise tax and the analysis of the options, the motor fuels tax is an example of an excise tax.