Mac Crosbie tax
Authored by Mac Crosbie
Business
KG - 3rd Grade
Used 1+ times
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Progressive tax is...
based on the taxpayer's ability to pay. It imposes a lower tax rate on low-income earners than on those with a higher income.
an income tax system that levies the same percentage tax to everyone regardless of income.
a tax which takes a higher percentage of tax revenue from those on low incomes.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A regressive tax is...
an income tax system that levies the same percentage tax to everyone regardless of income.
a tax which takes a higher percentage of tax revenue from those on low incomes.
based on the taxpayer's ability to pay. It imposes a lower tax rate on low-income earners than on those with a higher income.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Proportional tax is...
based on the taxpayer's ability to pay. It imposes a lower tax rate on low-income earners than on those with a higher income.
a tax which takes a higher percentage of tax revenue from those on low incomes
is an income tax system that levies the same percentage tax to everyone regardless of income.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An example of Proportional tax is...
Us Tax System
Flat Tax
Sales Tax
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An example of regressive tax is...
Sales Tax
Flat Tax
US Tax System
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An example of progressive tax is...
Flat Tax
US Tax System
Sales Tax
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