Inheritance taxes are levied on which of the following?

Inheritance taxes are specifically levied on the individual who receives an inheritance from a deceased person. This taxation is based on the value of the assets or property received by the heir or beneficiary. The key aspect of this tax is that it is imposed on the recipient rather than the estate itself or the overall value of the assets involved.

The other options do not accurately define the nature of inheritance taxes. The decedent's estate is subject to estate tax, which is distinct from inheritance tax. The total value of all assets refers to the overall worth of the deceased's estate but does not clarify who is responsible for paying the tax. Lastly, while the public can benefit from social programs funded by taxes, inheritance taxes are specifically aimed at individuals receiving an inheritance rather than being directed towards the public as a whole.