For the descriptions in a. through e. below, provide the name of the federal tax that would apply (choose from the following options: individual income tax, corporate income tax, excise tax, payroll tax, estate and gift tax).

a. a tax on personal income that is due every year on April 15 (or the first business day after)

b. the government assesses a tax on a lump sum of $600 million in assets which is about to be passed from one generation of a family to another

c. a company makes profits of $500 million in 2022, which are then taxed

d. the federal government wants to discourage consumption of gasoline and diesel fuel, so it taxes their sales at a rate of 18.4 cents and 24.4 cents per gallon, respectively (SOURCE: https://www.eia.gov/tools/faqs/faq.php?id=10&t=10Links to an external site.)

e. a tax captured in social insurance and retirement receipts, which then provides funds to for Social Security and Medicare