Homeowners typically pay property taxes to

reduce the amount of their mortgages.
avoid having to make a down payment.
help finance state and local governments.
help finance the campaigns of politicians.

Answers

Answer 1

Answer:

C. help finance state and local governments.

Explanation:

Answer 2

Property tax payments from homeowners normally go toward funding state and municipal governments. Option (C) is hence the appropriate response.

What is meant by a Property tax?

The term "property tax" refers to an ad valorem tax on the value of a property, and its rate is typically represented as a percentage or per mille.

The governing body of the area where the property is located is in charge of imposing the tax. Depending on the context, this might refer to a municipality, a county, a federated state, or the federal government. One property may be subject to taxation by many countries.

Real estate commonly faces a property tax. Annually or during a real estate transaction, such as with real estate transfer tax, it may be levied.

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Related Questions

Which beat defines a service?

Answers

Answer:

A service is basically a action of helping or doing work for someone.

Explanation:

What types of insurance is David likely to get through his employer?

David has just joined a new company. His employer offers a number of different insurance policies as one of its employee benefits. For example, his employer’s (Blank)
insurance covers prescription drugs and immunizations. David will also be receiving (blank) insurance at no cost from his employer.
1. casualty, health, life
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Answers

Answer:

1. health 2. disability

Explanation:

Answer:

health & disability

Explanation:

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