Examlex
Which of the following factors is NOT necessary for convergence between two countries?
Property Tax
A tax on the value of property, such as the value of a home.
Personal Taxes
Taxes levied on the income or property of individuals.
Personal Income
The total earnings of an individual from all sources before taxes, including wages, dividends, interest, and rents.
Federal Government
the national government of a federal state, which shares power with regional or state governments under a system of federalism.
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