39907168
Description
Flashcards by DaLena Schultz, updated 3 months ago
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Created by DaLena Schultz
3 months ago
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| Question | Answer |
| Sales tax | tax from cities, states or countries on goods and services |
| excise tax | government levy tax on products |
| Assessed vaule | value of property to figure out the tax |
| Property tax | raises money for schools and cities |
| tax rate | budget/assessed value |
| real property tax | land or buildings |
| personal property | homes, cars, jewlery |
| Mill | property tax due=mills*.001*assessed value |
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