Real Estate tax, a tax based on the value of the land and the buildings owned by its taxpayers, is a good example of _____.
a. income tax
b. sales tax
c. property tax
d. wealth tax
Real estate (land and the buildings on this land) is a kind of property (the other kind is a personal property - everything that can be moved,it's also called movables) therefore real estate tax is a kind of property tax - the correct answer is c.
