Taxes and Labor
Flashcard
•
History
•
9th - 12th Grade
•
Hard
Wayground Content
FREE Resource
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24 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is the number one source of revenue for the government? Options: Social Insurance Taxes, Corporation Taxes, Individual Income Taxes, Excise Taxes
Back
Individual Income Taxes
2.
FLASHCARD QUESTION
Front
The more money you make the more tax you will have to pay.
Back
Progressive Tax
3.
FLASHCARD QUESTION
Front
What is the number one item the government spends money on? Options: Social Security, Food Assistance, Military, Medicare and Health Care
Back
Medicare and Health Care
4.
FLASHCARD QUESTION
Front
This is paid on an item worth over $10,000
Back
Gift Tax
5.
FLASHCARD QUESTION
Front
This is used to protect the nations industries, businesses, and agriculture from foreign companies.
Back
Custom Duties
6.
FLASHCARD QUESTION
Front
A tax used to discourage people from doing things the government believes are bad for your health.
Back
Sin Taxes
7.
FLASHCARD QUESTION
Front
True or False: Churches have to pay corporation taxes.
Back
False
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