Taxes

the total income received from an economic plan

• revenue

• income tax

• property tax

• sales tax

• withholding

a tax paid on personal income

• revenue

• income tax

• property tax

• sales tax

• withholding

a tax on the value of land, buildings, cars, and other kinds of personal assets

• revenue

• income tax

• property tax

• sales tax

• withholding

a tax collected on the purchase price of goods or services

• revenue

• income tax

• property tax

• sales tax

• withholding

amounts removed from gross income to pay for taxes and other expenses

• revenue

• income tax

• property tax

• sales tax

• withholding

Social programs • National defense programs • Technological programs are reasons why the ______ government collects taxes.

• Federal

• State

• Local

Income taxes are paid on any money earned . • Includes wages and profits from investments • Are paid by individual citizens and by businesses. They are collected by _______ goverment(s) (check all that apply)

• Federal

• State

• Local

The United States Federal government has a ____________ income tax system. • The people who make the least pay a lower tax rate. • The more you make, the larger the percentage you must pay

A _____ tax is when everyone pays the same percentage of tax on their income. The U.S. had this kind of tax system in the beginning.

For a while the government did not enforce taxes, but in 1913 the____amendment passed which allowed a progressive tax on all states.

• 10th

• 14th

• 5th

• 16th