Match the definition with the tax. Drag each item to the correct location. (2 points) Put responses in the correct input to answer the question. Select a response, navigate to the desired input and insert the response. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can also be moved by dragging with a mouse. A tax paid on personal earnings from wages, interest, and investments. A tax paid to local governments by landowners, homeowners, and businesses. A tax levied on the profits earned from business activities. A tax paid on the wages and salaries of employees. A tax by state and local governments on the sale of goods and services at the point of sale.

Question

individual income tax
corperate income tax
payroll tax
sales tax
property tax

Answer 1

Here are the matched definitions with the appropriate taxes:

1. A tax paid on personal earnings from wages, interest, and investments - individual income tax
2. A tax paid to local governments by landowners, homeowners, and businesses - property tax
3. A tax levied on the profits earned from business activities - corporate income tax
4. A tax paid on the wages and salaries of employees - payroll tax
5. A tax by state and local governments on the sale of goods and services at the point of sale - sales tax

You can now move each response to the corresponding location.