Millionares$$ taxes

what are the 3 payroll taxes

What are the factors affecting Tax liability ? select all correct

• state

• deductions

• tax credits

• federal

• tax exemption

What areas do the state spend on tax dollars . check all that apply

• Education

• Medicaid

• Corrections

• Transportation

Federal Government spending . Check all that apply

• National Defence

• Social security

• Social programs

• Social Distancing

• FBI

US Constitution Government powers

• State

• student council

• Federal

• Local

• Europe

Who primarily uses our tax money? (hint: choose 2 correct answers)

• Your employer

• The state government

• The Federal government

• Local Businesses

What types of taxes contribute to Federal tax revenue? ( hint: choose 4 correct answers :)

• Corporate Income Tax

• Income Tax

• Estate Tax

• Excise Tax

a tax system with a constant marginal rate, usually applied to individual or corporate income. 

• regressive
• progressive
• income
• flat

Which of the following are the three largest categories of federal government spending?

• infrastructure, defense, science

• education, defense, food/agriculture

• health, military, interest on debt

• military, education, science

IRS stands for

• Internal Revenge Service

• International Revenue System

• Internal Revenue Service

• Inspection Ravioli Sauce