US Taxation
Flashcard
•
Social Studies, Education, History
•
11th - 12th Grade
•
Hard
Wayground Content
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4 questions
Show all answers
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
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
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
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