Taxes paid on the wages received from a job would fall into the category of:
A) personal income tax.
B) corporate income tax.
C) property tax.
D) sales tax.

Question

Quizplus · Accepted Answer

Personal income tax is the tax on the income earned by individuals or households, including wages earned from a job. It is a direct tax levied by the government on the income of individuals. Corporate income tax is levied on the profits earned by companies or corporations, while property tax is a tax on the value of a property. Sales tax is a tax on the sale of goods or services and is typically paid by the buyer, not the seller.

Taxes Paid on the Wages Received from a Job Would