Based on the Definition Given in Chapter 1 of the Text

question 137

Multiple Choice

Based on the definition given in Chapter 1 of the text, which of the following is a tax?
I.A registration fee paid to the state to get a car license plate.
II.2% special sales tax for funding public education.
III.A special property tax assessment for installing sidewalks in the taxpayer's neighborhood.
IV.An income tax imposed by Chicago on persons living or working within the city limits.

• A)Only statement I is correct.
• B)Only statement III is correct.
• C)Only statement IV is correct.
• D)Statements I and IV are correct.
• E)Statements II and IV are correct.