29
QuizMultiple Choice

Mobilization on the Home Front

Question 29 • TX-Art I A

Real Estate tax, a tax based on the value of the land and the buildings owned by its taxpayers, is a good example of _____.

Answer
A
income tax
B
sales tax
C
property tax
D
wealth tax

Explanation

A real estate tax is assessed on the value of land and buildings a person owns. A tax on owned property is called a property tax, so the correct choice is property tax.

AI-written and checked against the verified answer.

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