What are taxes?

Chapter 9 Flashcard

Flashcard
•
Financial Education
•
12th Grade
•
Hard
Quizizz Content
FREE Resource
Student preview

10 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Back
A law stating how much of your earned income or profits the government takes to contribute to society
2.
FLASHCARD QUESTION
Front
A reduction of your taxable income
Back
Tax deduction
3.
FLASHCARD QUESTION
Front
The amount of money you 'make' before taxes and deductions
Back
Gross Income
4.
FLASHCARD QUESTION
Front
Surtaxes are....
Back
Additional taxes paid by higher earners for certain programs
5.
FLASHCARD QUESTION
Front
What is tax avoidance?
Back
Building a plan to U.S.E taxes and reduce your tax liability
6.
FLASHCARD QUESTION
Front
Tax ___________ are the groups that determine what fraction of your income you pay in taxes based off of which group your income falls into. (lowercase)
Back
brackets
7.
FLASHCARD QUESTION
Front
What is the highest percent that can be taxed off of someone's income?
Back
37%
Create a free account and access millions of resources
Similar Resources on Wayground
9 questions
FPL VOCAB 05: Taxes

Flashcard
•
12th Grade
7 questions
Payroll and Deductions Flashcard

Flashcard
•
12th Grade
10 questions
Building an Emergency Fund Questions

Flashcard
•
12th Grade
11 questions
Accounting Obj 5

Flashcard
•
12th Grade
11 questions
EPF Unit 4.1

Flashcard
•
12th Grade
11 questions
Personal Finance

Flashcard
•
12th Grade
11 questions
Taxes Vocabulary

Flashcard
•
12th Grade
9 questions
FPL VOCAB 05: Taxes

Flashcard
•
12th Grade
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade