Taxes: What Happened to My Money?

What was the slogan used to protest The 1765 Stamp Act?

• "Join or Die"

• "Vote or Die"

• "No Taxation Without Representation"

• "Pay Me My Money"

A secret organization made up of merchants and journalists formed to protest unfair taxes was called the ____________. 

• Minutemen

• Loyalists

• Patriots

• Sons of Liberty 

What is the primary purpose of taxes in a society?

• To fund government services and infrastructure

• To increase the wealth of government officials

• To discourage people from working

• To control the population size

Which historical event was directly related to the protest against British taxation in the American colonies?

• The Boston Tea Party

• The signing of the Declaration of Independence

• The Battle of Gettysburg

• The Louisiana Purchase

What is a progressive tax system?

• A tax system where everyone pays the same percentage of their income

• A tax system where higher income earners pay a higher percentage of their income

• A tax system where only businesses are taxed

• A tax system where taxes decrease as income increases

Which document famously stated 'No taxation without representation'?

• The Magna Carta

• The Declaration of Independence

• The English Bill of Rights

• The United States Constitution

What is a common use of property taxes?

• Funding public schools

• Building private residences

• Paying off national debt

• Supporting international trade

Which government body is typically responsible for collecting federal taxes in the United States?

• The Federal Reserve

• The Internal Revenue Service (IRS)

• The Department of Defense

• The United States Congress

What type of tax is added to the price of goods and services at the point of sale?

• Income tax

• Property tax

• Sales tax

• Estate tax

What was the main reason for the introduction of the Stamp Act by the British Parliament?

• To raise revenue to pay off war debts

• To promote literacy in the colonies

• To encourage the use of stamps

• To support the British monarchy