What is the difference between a capital gains tax and an income tax?
o
a. one is paid...
What is the difference between a capital gains tax and an income tax?
o
a. one is paid to the federal government; the other is paid to
employers.
o
b. one is used to provide for services; the other is used to provide for
goods.
o
c. one is assessed on the profit made from selling an asset; the
other is assessed on earnings from work or investments.
o
d. one is paid annually; the other is paid every 10 years.
Answers: 1
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