A capital gains tax is a tax on the:
A) earnings of individuals and corporations.
B) income earned by buying assets and selling them at a higher price.
C) wages paid to an employee.
D) value of a good or service being purchased.
Correct Answer:
Verified
Q112: An income tax is a tax:
A) charged
Q113: If Janice earns $50,000 a year and
Q114: A payroll tax is a tax on
Q115: A tax that is levied in such
Q116: If Janice earns $50,000 a year and
Q118: In general,the more equitable the incidence of
Q119: In general,the most efficient taxes:
A) are often
Q120: A sales tax is a tax on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents