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5 Written questions

5 Matching questions

  1. revenue
  2. equal application
  3. personal property
  4. regressive tax
  5. executive branch
  1. a money
  2. b responsible for proposed national budget
  3. c taxes applied at the same rate
  4. d a tax that takes a larger percentage of income from lower incomegroups than from highe income groups
  5. e stocks, bonds, jewelry, cars and boats that may be taxed

5 Multiple choice questions

  1. a tax that takes a larger percentage of income from higher income groups than from lower income groups
  2. the total amount of money that the government has borrowed, plus interest
  3. largest cost to the Federal Government
  4. taxes collected on most products sold
  5. collects federal taxes

5 True/False questions

  1. excise taxtaxes collected on most products sold

          

  2. Social Securitytax used to pay people with disabilities and retired people

          

  3. finessmall payments charged for licenses

          

  4. feessmall payments charged for licenses

          

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

          

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