Question

A tax on money earned, through employment or other means.

a) Property Tax
b) Sales Tax
c) Income Tax
d) Excise Tax

Answer 1

Income tax is a tax on the money earned through employment or other means. It is a progressive tax that increases as income increases, and it is used to fund government programs and services.

Step-by-step explanation:

The correct answer is Income Tax (c).

Income tax is a tax on the money earned through employment or other means. It is a progressive tax, meaning that the tax rate increases as income increases.

For example, if someone earns $50,000 in a year, they will have to pay a certain percentage of that income as tax to the government. The income tax is used to fund government programs and services, such as infrastructure, education, healthcare, and defense.