Government Taxing and Spending

This is a tax on a very specific item, such as gasoline or tires.

• progressive
• excise
• sin
• estate

This is a tax on property inherited after a person's death.

• excise
• proportional
• gift
• estate

This is the top source of revenue for the federal government.

• individual income taxes
• corporate income taxes
• customs duties
• FICA

FICA pays for these two entitlement programs

• Social Security and school lunches
• Medicare and Medicaid
• Social Security and Medicare
• Unemployment and Medicaid insurance

This is a tax on an imported good.

• customs duty
• gift tax
• estate tax
• user fee

Under this principle of taxation, a person that benefits from the use of a good or service should pay for it.

• ability to pay principle
• benefit principle
• progressive principle
• regressive principle

Which of the following collects your individual income taxes?

• Census Bureau
• Office of Management and Budget
• Internal Revenue Service
• Social Security Administration

The federal income tax on individuals was established by the

• 15th Amendment
• Federal Insurance Contributions Act
• 16th Amendment
• Income Tax Act of 1956

The individual income tax in the U.S. is 

• progressive
• regressive
• proportional

Which of the following is not one of the major impacts of government spending?

• change in resource allocation
• change in income distribution
• a reduction of federal debt
• government competition with the private sector