What is the collection of tax dollars called?

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Multiple Choice

What is the collection of tax dollars called?

Explanation:
The concept here is how a government raise funds through taxation. A levy is the charge a government imposes to raise revenue from taxpayers; it covers the act and the amount of tax that must be paid. Property tax is a specific kind of levy, not the general idea of collecting tax dollars. The government is the body that imposes the levy, and the citizen is the payer. So the collection of tax dollars is called a levy.

The concept here is how a government raise funds through taxation. A levy is the charge a government imposes to raise revenue from taxpayers; it covers the act and the amount of tax that must be paid. Property tax is a specific kind of levy, not the general idea of collecting tax dollars. The government is the body that imposes the levy, and the citizen is the payer. So the collection of tax dollars is called a levy.

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