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Which of the following statements about property taxes is not true (i.e., is false)? Most property taxes are imposed on realty (real property). The

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Which of the following statements about property taxes is not true (i.e., is false)? Most property taxes are imposed on realty (real property). The proceeds from property taxes are mostly dedicated to roads and other infrastructure needs. The federal government does not impose any type of property tax. Good tax planning for property taxes include buildings that have a lot of detachable (vs. fixed) components. It can be good tax planning to prepay property taxes relating to the next tax year.

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