3 years ago

Which of the following is an example of a wealth tax? a. income tax b. excise tax c. estate tax d. sales tax

2 answers:

6 0

Income tax. it taxes you on how much you earn.
In the UK:
RATE TAX
Personal Allowance Up to £11,500 0%
Basic rate £11,501 to £45,000 20%
Higher rate £45,001 to £150,000 40%
Additional rate over £150,000 45%

GarryVolchara [31]3 years ago

6 0

Answer:

On e2020 it is actually estate tax. The other person made me get it wrong. So it told me the answer. And it is estate tax.

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