What is one of the primary reasons for imposing taxes?
Taxation and Tax Structures: Understanding the Basics

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11th Grade - University
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To make goods more expensive
To manage the economy
To discourage people from working
To increase the wealth of the government officials
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which principle is NOT associated with a fair tax system?
Ease of collection
Equity in taxation
High tax collection rates
Encouraging inefficient economic behavior
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does horizontal equity in taxation mean?
Taxing individuals based on their wealth
Taxing individuals based on their spending
Taxing all individuals at the same rate
Taxing individuals with similar circumstances equally
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which tax structure takes the same percentage of income from all taxpayers?
Progressive tax
Regressive tax
Indirect tax
Proportionate tax
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a progressive tax system, what happens to the percentage of income taken as tax as income rises?
It decreases
It remains the same
It increases
It fluctuates randomly
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are indirect taxes generally considered regressive?
They take a higher percentage of income from the wealthy
They take a higher percentage of income from the poor
They are applied only to luxury goods
They are easy to avoid
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of the cost of petrol in the UK is taken as tax?
75%
66%
50%
33%
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