Question

……….. taxes are those taxes which are levied on income and wealth of the people.​

Answer 1

Explanation:

These assets include (but are not limited to) cash, bank deposits, shares, fixed assets, personal cars, assessed value of real property, pension plans, money funds, owner-occupied housing, and trusts. An ad valorem tax on real estate and an intangible tax on financial assets are both examples of a wealth tax.