Understanding Taxes and Personal Finance

What type of tax is levied on the value of a property?

• Special Tax

• Property Tax

• Sales Tax

• Inheritance Tax

What tax is often known as "sin tax"?

• Capital Gains Tax

• Excise Tax

• Gift Tax

• Land Value Tax

What is a digital or virtual currency that uses cryptography for security?

• Government Bonds

• Cryptocurrency

• Mutual Funds

• Certificates of Deposit

Which of the following is a savings certificate with a fixed maturity date and a specified fixed interest rate?

• Municipal Bonds

• Government Bonds

• Certificates of Deposit

• Mutual Funds

What are the debt securities issued by a government to support public spending?

• Government Bonds

• Municipal Bonds

• Mutual Funds

• Inheritance Tax

What type of bond is issued by local governments or their agencies?

• Government Bonds

• Municipal Bonds

• Mutual Funds

• Certificates of Deposit

What is an investment fund that pools money from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments, and other assets?

• Mutual Funds

• Government Bonds

• Municipal Bonds

• Certificates of Deposit

What tax is applied to the transfer of a deceased person's estate?

• Gift Tax

• Estate Tax

• Property Tax

• Capital Gains Tax

What tax is imposed on the profit from the sale of a property or an investment?

• Sales Tax

• Capital Gains Tax

• Special Tax

• Gift Tax

What tax is based on the value of the land itself, excluding the value of buildings and other improvements?

• Property tax

• Land value tax

• Inheritance tax

• Sales tax