Understanding Taxes Quiz
Authored by Cami Fissel
Other
9th - 12th Grade
Used 4+ times
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the three basic types of taxes?
Taxes on what you spend, taxes on what you earn, and taxes on what you invest
Taxes on what you spend, taxes on what you save, and taxes on what you invest
Taxes on what you buy, taxes on what you sell, and taxes on what you save
Taxes on what you buy, taxes on what you earn, and taxes on what you own
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of tax is paid by the consumer when buying goods and services?
Property taxes
Income taxes
Sales taxes
Estate taxes
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of tax is a tax paid on many sources of income you might earn?
Property taxes
Estate taxes
Income taxes
Sales taxes
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of tax generates revenue at a local level?
Estate taxes
Property taxes
Income taxes
Sales taxes
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can understanding each tax type help you make better decisions?
Deciding which job to take
Deciding where to live
Deciding how to vote
All of the above
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