EFP-Government Revenue-12

The largest employer of workers in the United States is

• Google.

• local and state governments.

• Apple, Inc.

• the federal government.

Which chamber of Congress has "power of the purse," giving them the power to start all revenue and appropriations bills?

• Senate

• House of Representatives

• House of Burgesses

• Supreme Court

What is the fundamental difference between a progressive tax and a regressive tax?

• A regressive tax is based on a person's ability to pay, while a progressive tax is paid as an equal percentage by everyone.

• Sales taxes are progressive, while income taxes are regressive.

• A progressive tax is based on a person's ability to pay, while a regressive tax is paid as an equal percentage by everyone.

• Progressive taxes can be harmful to those with less disposable income, while regressive taxes can be harmful to those with more income.

Which type of tax is generally a progressive tax?

• Sales Taxes

• Income Taxes

Which type of tax is a regressive tax?

• Sales taxes

• Income taxes

All of the following are types of income tax EXCEPT which one?

• Personal Income Taxes

• Social Security and Medicare

• Corporate Income Taxes

• Estate Taxes

True or False - all states charge a state income tax.

• True

• False

Which of the following types of taxes makes up the majority of the revenue for the FEDERAL government?

• Income taxes

• Sales taxes

• Property taxes

Which of the following is the primary source of revenue for STATE governments?

• Sales taxes

• Income taxes

• Property taxes

True or False - every state uses sales taxes to generate revenue for the state?

• True

• False