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3 July, 22:14

What are two ways that a person's wealth may be taxed? Describe these taxes.

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  1. 4 July, 00:18
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    Here are the answers to the question above. The two ways that a person's wealth may be taxed according to the following:

    Estate taxes are taxes levied on a person’s estate when that person dies. Inheritance tax is a tax on the property or assets that someone has passed on to another. Hope this answers your question.
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