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06-06-2024
Social Studies

Answered

Question 2 of 10
A tax paid on the value of a person's home is a(n) _
A. credit tax
B. sales tax
OC. property tax
D. income tax
SUBMIT
13

Answer :

GinnyAnswer GinnyAnswer

06-06-2024

Final answer:

Property taxes are taxes imposed on assets, particularly real estate, based on its market value.

Explanation:

Property taxes are taxes imposed on assets, such as homes, land, and businesses. They are based on the value of real estate owned by an individual or corporation. A government official determines the property's value, and a proportional tax rate is applied to that value.

Learn more about Property taxes here:

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