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of 28 available terms
(1 exact duplicate found)

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5 Written questions

5 Matching questions

  1. benefit payments
  2. exemptions
  3. Internal Revenue Service
  4. progressive tax
  5. deficit
  1. a largest cost to the Federal Government
  2. b collects federal taxes
  3. c a tax that takes a larger percentage of income from higher income groups than from lower income groups
  4. d a shortage of money
  5. e the amount of money a taxpayer can subtract from the tax they pay, for themselves and each dependent

5 Multiple choice questions

  1. responsible for proposed national budget
  2. when revenue equals expenditures
  3. income a business has left after paying expenses
  4. taxes applied at the same rate
  5. a tax that takes a larger percentage of income from lower incomegroups than from highe income groups

5 True/False questions

  1. Social Securityland buildings and other structures

          

  2. excise taxa tax on gas, alcohol and luxury items

          

  3. income taxesa tax on gas, alcohol and luxury items

          

  4. revenuesmall payments charged for licenses

          

  5. personal propertystocks, bonds, jewelry, cars and boats that may be taxed

          

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