Ch.6 P.F. Vocab Quiz

a tax on a good produced outside the U.S. and imported into the U.S.?

• Customs Duty

• Duty

• Export Duty

• Export Tax

A tax built into the price of frequently purchased goods?

• Federal Taxes

• Excise Tax

• Exercise Tax

• State Taxes

As your income grows, the taxpayer pays a higher percentage

• State Tax

• Federal Tax

• Graduated Tax

• Dropout Tax

Money made before Taxes are deducted

• Discretionary Spending

• Customs Duty

• Net Income

• Gross Income

Money Made after taxes are deducted

• Net Income

• Gross Income

• Excise Income

• Graduated Income

Government funded health insurance for low income households?

• Medicare

• Medicaid

• Property Taxes

• Sales Taxes

Health Insurance funded through payroll taxes available to people 65 and up?

• Obamacare

• Medicaid

• Medicare

• Mandatory Healthcare

A tax paid by the owner of the property?

• Net Taxes

• Sales Taxes

• Rent Taxes

• Property Taxes

A tax that takes a larger percentage from a low income household than a High income household?

• Regressive Taxes

• Progressive Taxes

• Positive Taxes

• Excise Taxes

A tax that takes a larger percentage from a high income household than a low income household?

• Regressive Taxes

• Progressive Taxes

• State Taxes

• Federal Taxes