Answer: Property Tax
Explanation:
Property tax or better still a millage rate is a tax which is placed on the value of a property. Property tax are usually levied on real estate. The tax is levied by the governing authority of the jurisdiction( community, state, county e.t.c). where the said property being taxed is built on. The authority imposing the tax can be a national government, a federated state, a county or geographical region or a municipality.
