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Match each type of tax with an example of its use.

  • Question 5b of 10 - Taxes

  • Maximum Attempts: 1
  • Question Type: Matching
  • Maximum Score: 2
  • Question: Match each type of tax with an example of its use.
  • Answers:
  1. 1% charged on the value of a home. Property tax
  2. 2% charged on profits from selling a house. Personal income tax
  3. 20% charged on wages earned.Capital gains tax

The correct answer is: Property tax: 1% charged on the value of a home; Personal income tax: 20% charged on wages earned; Capital gains tax: 2% charged on profits from selling a house

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