US Taxation

US Taxation

Assessment

Flashcard

Social Studies, Education, History

11th - 12th Grade

Hard

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4 questions

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1.

FLASHCARD QUESTION

Front

A government that more efficiently distributes the burden of ______________ is a government that can more expeditiously allocate the _______________ needed for public ______________, social _______________, and ______________.

Back

Taxation, resources, works, welfare, defense.

Answer explanation

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2.

FLASHCARD QUESTION

Front

What would you assume of a country's taxation system when its infrastructure (roads, buildings, pipes, etc) is crumbling?

Back

That it struggles in producing enough state revenues.

Answer explanation

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3.

FLASHCARD QUESTION

Front

If progressive income tax exempts needy individuals from paying much or any taxes at all, what could be considered a regressive tax or "taxes of the poor"?

Back

Sale taxes

Answer explanation

4.

FLASHCARD QUESTION

Front

A budget deficit occurs when...

Back

You spend more than what you earn.

Answer explanation