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AssignmentMultiple Dropdowns

Fiscal Policy: Taxes

Question 1 • MO-Economics

According to the graph, how much did individuals making $20,000 to $50,000 a year pay in income taxes?

Answer
Taxes that are paid by individuals on all money earned, including investments, are .:

income taxes

Taxes that are paid by homeowners to state and local governments are .:

property taxes

Taxes that businesses are required to pay on their earnings throughout the course of a year are.:

corporate taxes

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