Question

real estate tax, a tax based on the value of the land and the buildings owned by its taxpayers, is a good example of ______.
a. income tax
b. sales tax
c. property tax
d. wealth tax
please select the best answer from the choices provided

a
b
c
d

Explanation:

Real estate tax is based on property (land and buildings) value. Income tax is on income, sales tax on sales, wealth tax on overall wealth. Property tax matches the description.

Answer:

C. property tax