Tax Brackets

The United States operates on a marginal tax rate?

• True

• False

The United States operates on a flat tax rate?

• True

• False

What do federal taxes not pay for in the United states?

• All of the military branches

• Interstates

• Medicare/Medicade

• Dental and Vision insurance

When is a sales tax applied?

• When a sale is completed in a formal business

• when a sale is completed

• When a sale is considered

• When a sale is not completed

The form that determines the amount of money withheld for taxes is called a

• w2

• w4

• i9

• 1040ez

FICA taxes are

• U.S. federal payroll taxes imposed on both employees and employers to fund Social Security.

• U.S. federal payroll taxes imposed on employees only to fund Social Security and Medicare.

• U.S. federal payroll taxes imposed on both employees and employers to fund Social Security and Medicare

• U.S. federal payroll taxes imposed on employers only to fund Social Security and Medicare

Which President is responsible for social security

• Teddy Roosevelt

• F.D.R.

• Abraham Lincoln

• Benjamin Franklin

A __________ must be provided to employees by the end of January so that they can file their federal income tax.

• w2

• 1040ez

• w9

• w4

Taxes can be used to protect the environment?

• True

• False

A property tax is a form of an indirect tax?

• True

• False