Topic 8 - Taxes and Spending

Topic 8 - Taxes and Spending

12th Grade

35 Qs

quiz-placeholder

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Topic 8 - Taxes and Spending

Topic 8 - Taxes and Spending

Assessment

Quiz

Business, Social Studies

12th Grade

Easy

Created by

Nikki Cessna

Used 14+ times

FREE Resource

35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a tax based on a company's profits

budget

corporate income tax

tax base

withholding

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

tax based on a person's earnings

individual income tax

tax

personal exemption

entitlement

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a tax for which the percentage of income paid in taxes increases as income increases

taxable income

real property

burden

progressive tax

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a tax based on real estate and other property

tax base

property tax

provision

welfare

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a tax for which the percentage of income paid in taxes remains the same as income increases

installment

proportional tax

provision

gift tax

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a tax for which the percentage of income paid in taxes decreases as income decreases

tax credit

real property

regressive tax

tax exempt

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a tax based on goods or services that are sold

sales tax

taxable income

balanced budget

heir

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