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Social Studies

12th Grade

CCSS covered

Used 44+ times

Budgeting & Taxes Review
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What kind of tax is the same rate for everyone regardless their income?

progressive

regressive

proportional

unproportional

Tags

CCSS.8.EE.C.7B

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

From the following, which should you cut out of your budget first?

entertainment

groceries

rent

car payment

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the best way for a county to raise money to build a new park?

increase federal taxes

decrease state taxes

increase local taxes

decrease sales tax

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of income would be the most consistent?

hourly wage

dividends

salary

tips

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the following are included in Federal withholdings?

Medicare

Social Security

Federal Income Taxes

State Income Taxes

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Who benefits from social security payments?

Americans with disabilities

lower income families

older Americans

Americans who saved enough money

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What kind of tax goes to paying for national defense?

Federal income taxes

state income taxes

social security

401k contributions

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