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Which taxes applies to the increase in value of an investment or other personal property? a) Excise Tax b) Estate Tax c) Social Security Tax d) Capital gains Tax

Which taxes applies to the increase in value of an investment or other personal property? a) Excise Tax b) Estate Tax c) Social Security Tax d) Capital gains Tax
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Which taxes applies to the increase in value of an investment or other personal property?

a) Excise Tax
b) Estate Tax
c) Social Security Tax
d) Capital gains Tax

asked
User Eric Wong
by
9.0k points

2 Answers

1 vote

D. Capital gains Tax

answered
User Mikeagg
by
8.4k points
1 vote
D.

Capital gains refers to the difference between the purchase price and selling price of a financial instrument such as stocks, and the government often places taxes on them, calling it a stamp duty.
answered
User Mlamp
by
8.4k points
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