Role of the Gov & Trade Quiz

Which type of tax is put on items at the grocery store?

• Sales Tax

• Excise Tax

• Property Tax

• Income Tax

Which type of tax is put on the land you own?

• Sales Tax

• Excise Tax

• Property Tax

• Income Tax

Which type of tax is taken out of your paycheck?

• Sales Tax

• Excise Tax

• Property Tax

• Income Tax

Which type of tax is placed on products the government wants to limit purchase of?

• Sales Tax

• Excise Tax

• Property Tax

• Income Tax

___ is a fee that is placed on some form of money/products.

Where does most of the governments money come from?

• Credit

• Taxes

• Loans

• Bonds

When the U.S. can't make enough money from just taxes to pay for their spending they turn to...

• Credit

• Bonds

• Loans

• Trade Deals

A government organization that is over the collection of taxes

Progressive Tax Schedule is when there is more taxes on the...

• Lowest Income

• Highest Income

• Middle Class

Regressive Tax Schedule is when there is more taxes on the...

• Lowest Income

• Highest Income

• Middle Class