Types of Taxes

Understanding Taxes

Your Role as a Taxpayer

Open Ended

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

Open Ended

List an example of a public good.

Open Ended

List an example of a public service.

Multiple Select

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

• 1950

• 1960

• 1990

• 1970

Multiple Choice

The largest federal outlay is for Defense.

• True

• False

Multiple Choice

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

• True

• False

Multiple Choice

Personal income tax accounts for the greatest tax revenue.

• True

• False

Multiple Choice

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

• 30%

• 23%

• 36%

• 5%

Multiple Choice

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

• 30%

• 23%

• 36%

• 5%