What is the capital gains tax? a. tax that is paid to people who are self-employed b. tax that is used to provide income for retired and disabled people and their families c. tax that applies to investments and other personal property d. tax that is used to provide medical benefits for people age 65 and older

The correct option is: C. Tax that applies to investments and other personal property  

Step-by-step explanation:

The capital gains tax is a type of tax applied to the profit gained on the sale of a capital asset such as expensive metals, property, stocks, antiques, etc. Some jurisdictions also include personal assets in capital assets.

The capital gains tax rate is dependent on the profit gained and the annual income of the individual.

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step-by-step explanation: