QUESTION IMAGE
Question
which type of tax is collected by the federal government on the value of a persons money and property after they die? estate tax gasoline tax income tax sales tax
Brief Explanations
Estate tax is a tax imposed by the federal government on the value of a person's estate (money and property) after they die. Gasoline tax is on gasoline purchases, income tax is on income earned, and sales tax is on goods/services sales. So the correct option is Estate tax.
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A. Estate tax