Which statement best describes how property tax is collected?(1 point)
Responses
Property tax is a proportional tax paid to a state government based on the market value of the property being taxed.
Property tax is a proportional tax paid to a state government based on the market value of the property being taxed.
Property tax is a proportional tax paid to a local government based on the assessed value of the property being taxed.
Property tax is a proportional tax paid to a local government based on the assessed value of the property being taxed.
Property tax is a progressive tax paid to the federal government based on the assessed value of the property being taxed.
Property tax is a progressive tax paid to the federal government based on the assessed value of the property being taxed.
Property tax is a flat fee each property owner pays to a local government each year.
Property tax is a flat fee each property owner pays to a local government each year.