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Understanding Taxes

Understanding Taxes

Assessment

Presentation

•

Social Studies

•

8th Grade

•

Practice Problem

•

Easy

Created by

Katherine Street

Used 131+ times

FREE Resource

13 Slides • 9 Questions

1

Understanding Taxes

Your Role as a Taxpayer

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3

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4

Open Ended

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What do you think is meant by this quote? Do you agree with it?

5

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6

Open Ended

List an example of a public good.

7

Open Ended

List an example of a public service.

8

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9

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12

Multiple Select

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In what years did the government spend more than it collected(revenue)? Select all the answers that apply.

1

1950

2

1960

3

1990

4

1970

13

Multiple Choice

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The largest federal outlay is for Defense.

1

True

2

False

14

Multiple Choice

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Social Security, Medicare, and other retirement accounts for 37% of federal spending.

1

True

2

False

15

Multiple Choice

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Personal income tax accounts for the greatest tax revenue.

1

True

2

False

16

Multiple Choice

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Look at the income pie chart. What percentage of the income is personal income tax?

1

30%

2

23%

3

36%

4

5%

17

Multiple Choice

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Look at the income pie chart. What percentage of the income is corporate income tax?

1

30%

2

23%

3

36%

4

5%

18

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20

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21

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22

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pattern-tertiary

Understanding Taxes

Your Role as a Taxpayer

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