
WDMMG? PHS EPF
Flashcard
•
Financial Education
•
10th Grade
•
Practice Problem
•
Hard
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10 questions
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1.
FLASHCARD QUESTION
Front
The day that US workers have earned enough to pay their entire tax bill for the year is known as __
Back
Tax Freedom Day
2.
FLASHCARD QUESTION
Front
In the year the video was made, when was Tax Freedom Day?
Back
April 24
3.
FLASHCARD QUESTION
Front
Which of the following is NOT an example of a state or local tax?
gasoline tax,
hotel tax,
Sales tax
Back
Medicare tax
4.
FLASHCARD QUESTION
Front
The tax on _____ began in the Middle Ages and wasn't repealed until 1853 in Britain.
Back
soap
5.
FLASHCARD QUESTION
Front
Which of the following is an example of a flat tax? Options: federal income tax, sales tax, soft drink tax, both - sales and soft drink
Back
both - sales and soft drink
6.
FLASHCARD QUESTION
Front
The Value Added Tax is common in _____.
Back
Europe
7.
FLASHCARD QUESTION
Front
One way or the other, taxes are paid by _____.
Back
individuals
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