Define the given financial planning situations

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Question: For each of the following financial planning situations, list the type of tax that is being described.

a. A tax on the value of a person's house.

b. The additional charge for gasoline and hotels.

c. Payroll deductions for federal government retirement benefits.

d. Amount owed on property received from a deceased person.

e. Payroll deductions for a direct tax on earnings.

Reference no: EM131485981

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