Question
Match each definition with the tax
1. A tax by state and local governments on the sale of goods and services at the point of sale.
2. Tax paid to local governments by land owners, homeowners, and businesses
3. Tax paid on personal earnings from wages, interest, and investments
4. Attacks levied on the profits earned from business activities.
5. A tax paid on the wages and salaries of employees.
A. Payroll tax
B. Corporate income tax
C. Property tax
D. sales tax
E. Individual income tax
1. A tax by state and local governments on the sale of goods and services at the point of sale.
2. Tax paid to local governments by land owners, homeowners, and businesses
3. Tax paid on personal earnings from wages, interest, and investments
4. Attacks levied on the profits earned from business activities.
5. A tax paid on the wages and salaries of employees.
A. Payroll tax
B. Corporate income tax
C. Property tax
D. sales tax
E. Individual income tax
Answers
GPT-4o mini
Here are the definitions matched with the corresponding taxes:
1. A tax by state and local governments on the sale of goods and services at the point of sale.
**D. sales tax**
2. Tax paid to local governments by land owners, homeowners, and businesses
**C. Property tax**
3. Tax paid on personal earnings from wages, interest, and investments
**E. Individual income tax**
4. Attacks levied on the profits earned from business activities.
**B. Corporate income tax**
5. A tax paid on the wages and salaries of employees.
**A. Payroll tax**
1. A tax by state and local governments on the sale of goods and services at the point of sale.
**D. sales tax**
2. Tax paid to local governments by land owners, homeowners, and businesses
**C. Property tax**
3. Tax paid on personal earnings from wages, interest, and investments
**E. Individual income tax**
4. Attacks levied on the profits earned from business activities.
**B. Corporate income tax**
5. A tax paid on the wages and salaries of employees.
**A. Payroll tax**