Minigame

An  example  of  a  tax  where  the  concept  of  progressivity  finds application is the

•  Income tax on individuals

•  Excise tax on petroleum products.

• Value-added tax on certain articles.

• Amusement tax on boxing exhibitions

Choose the best examples of regressive taxes.

• Income and export tax

• Property and income tax

• Property and income tax

• Sales and property tax

What is the system that taxes you percentages based off your income?

• proportional tax

• social security

•  progressive tax

• regressive tax

Indirect taxes are imposed on ------------- and -------------- whereas the direct taxes are imposed on -----------------

• Goods and service, facilities

• Goods and person, service

• Goods and service, person

Indirect taxes are generally not shifted and are paid in lump sum for the whole year.

• False

• True

What are three ways you have benefited from taxes today?

• Zoo's, Arena's, and Walmart

• Highway Signs, Highways, and bike reflectors

• Police Officers, Teachers, and the Internet

• Schools, Libraries, and Clean Communities

Indirect taxes are --------------------- in nature.

(a)  

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

•  Your employer

• The state government

• The Federal government

•  Local Businesses

 Taxes are

• Money given to you by the government

• Free money to you

• Money you must pay to the government

• Money in someone's piggy bank

What percentage of income tax do lower income taxpayers pay? 

•  15%

•  5%

• 9.999%

•  10%