11 Week Economics U4 E31-34

Front

Sales Tax: Progressive, Proportional, Regressive, Security

Back

Regressive

Front

Where all tax payers pay the same percent of their income.

Back

Proportional

Front

A tax system where lower-income individuals pay a higher percent of their income.

Back

Regressive

Front

Federal Income Tax

Back

A tax system where the tax rate increases as the taxable amount increases.

Front

Tax rate increases as the taxpayer's income increases

Back

Progressive

Front

What is Tennessee's State Income tax rate?

Back

Tennessee has no state income tax

Front

Healthcare: Social Security, Medicare, Earned Income Tax Credit (EITC), Military Expenditures

Back

Medicare

Front

National Security
Options: Social Security, Medicare, Earned Income Tax Credit (EITC), Military Expenditures

Back

Military Expenditures

Front

Increases disposable income for low-wage workers

Back

Earned Income Tax Credit (EITC)

Front

Provides income support for retirees and others.

Back

Social Security