NAME: ________________________

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of 28 available terms
(1 exact duplicate found)

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5 Written Questions

5 Matching Questions

  1. sales tax
  2. excise tax
  3. executive branch
  4. equal application
  5. interest
  1. a taxes applied at the same rate
  2. b taxes collected on most products sold
  3. c a tax on gas, alcohol and luxury items
  4. d responsible for proposed national budget
  5. e is the payment made for the use of borrowed money

5 Multiple Choice Questions

  1. money
  2. money paid for illegal parking and speeding
  3. an import tax
  4. tax deadline
  5. tax used to pay people with disabilities and retired people

5 True/False Questions

  1. deficitincome a business has left after paying expenses


  2. exemptionsthe amount of money a taxpayer can subtract from the tax they pay, for themselves and each dependent


  3. national debtis the payment made for the use of borrowed money


  4. $10000small payments charged for licenses


  5. balanced budgeta careful examination by trained accountants of every item of income and expenditure


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