3 years ago

What is a tax levied on any asset inherited?

2 answers:

7 0

The best answer here is b. estate tax - this is the tax that is applied on a transfer of wealth after the person died.

a. flat and d. recessive tax decribe how and weather the rates of taxation change for people who earn less or more (flat tax: everyone pays the same percentage).

Mrac [35]3 years ago

6 0

Answer:

b. estate tax

Explanation:

An Estate Tax is a Federal tax that is collected on the value of a person's property at the time of his or her death. The tax is used on to properties that are transferred via a will or according to state laws of intestacy.

You might be interested in

The executive and the president of the United States are NOT entrusted with which of the powers listed below?

Charra [1.4K]

Answer:

Declare War

Explanation:

Congress Declares War

Article One, Section Eight of the Constitution says "Congress shall have power to ... declare War."

7 0

4 years ago

Read 2 more answers

I need help anyone plz help because I really do need help;)

Ivenika [448]

Answer:

Scarcity impacts financial choices for individuals by giving them limited choices on how or where to spend their money. Scarcity helps an individual decide how to spend their money wisely, whether it's on basic needs or bills.

3 0

3 years ago

Which factor most contributed to the impact television had on the civil rights movement

aksik [14]

Slavery impacted the civil rights movement

3 0

3 years ago

Read 2 more answers

How was job specialization<br> linked to the emergence of social classes?

RideAnS [48]

Answer:

people tended to live and work with people who had the same job as themselves, thus forming social classes. social rank depended on the power and wealth related to one's job.

Explanation:

3 0

3 years ago

Swedish meatballs actually originated in what country?.

vova2212 [387]

Turkey in the early 18th century by King Charles XII of Sweden

4 0

2 years ago