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Economics Asked by a SnapAndSolve user · 21 minutes ago

Match the type of tax that Americans pay with its correct description: tax on the assessed value of your...

Match the type of tax that Americans pay with its correct description:
tax on the assessed value of your land and house
tax you pay on most items you buy. Some food items are exempt from taxation because the government doesn't want you to starve.
federal government takes it out of your paycheck automatically. At the end of the year you have to calculate if you paid enough or too much. Some states do it also (not Texas though).

Answer

  1. Property Tax: tax on the assessed value of your land and house
  2. Sales Tax: tax you pay on most items you buy. Some food items are exempt from taxation because the government doesn't want you to starve.
  3. Income Tax: federal government takes it out of your paycheck automatically. At the end of the year you have to calculate if you paid enough or too much. Some states do it also (not Texas though).

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