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1. Which of the following best describes property taxes?
Taxes paid every time you purchase an item based on the value of that item.
Taxes based on the amount of money you make each year.
Taxes place on items that a citizen uses on a regular basis.
Taxes based on the value of land and buildings that you own.

Respuesta :

25santhony

Answer:

I know it might be a little late, but for other people, the correct answer is D. Taxes based on the value of land and buildings that you own.

Explanation:

I just took the quiz and got it right.   ;)

Property taxes are best describes by : Taxes based on the value of land and buildings that you own. It is sometimes known as the land tax.

Property tax

Property tax is a type of tax.

It is money or tax paid by an individual or an organization for owning a property.

Property tax mainly real estate tax which is based on the value on the property owned.

Thus, property tax is the tax that is based on the value of the property including land and buildings owned by a person.

Learn more about "Property tax" here :

https://brainly.com/question/13887483

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