Taxation Quiz

Taxes CANNOT be imposed on which of the following?

• Income and earnings

• Products and services

• International imports

• Thoughts and ideas

Which document gives Congress the power to lay and collect taxes?

• The Bill of Rights

• The Constitution

• The Declaration of Independence

• The Pledge of Allegiance

What year was the first income tax proposed, but not enacted?

• 1764

• 1765

• 1812

• 1842

Which amendment to the Constitution outlawed poll taxes?

• 5th

• 16th

• 24th

• 27th

IRS stands for which of the following?

• Internal Regulation of Services

• Institute of Revenue Standards

• International Regulation School

• Internal Revenue Service

Which of the following is NOT a benefit of federal, state or local taxes?

• Education

• Sporting events

• Public transportation

• Housing

Sales taxes are also known as which of the following?

• Consumption taxes

• Production taxes

• Conservation taxes

• Permission taxes

Which of the following is an example of an excise tax?

• A tax on groceries

• A tax on electronics

• A tax on services

• A tax on alcohol

What are estate taxes?

• Taxes collected when a person purchases property

• Taxes collected when a person dies

• Taxes collected when a person wins a prize

• Taxes collected when a person moves

Which of the following are automatically withheld from paychecks?

• Gift taxes

• Inheritance taxes

• Social security taxes

• Property taxes