What Is A Tax? - Behind the News  Quiz

What Is A Tax? - Behind the News Quiz

8th Grade

10 Qs

quiz-placeholder

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What Is A Tax? - Behind the News  Quiz

What Is A Tax? - Behind the News Quiz

Assessment

Quiz

History

8th Grade

Hard

Created by

Renee Larkin

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of taxes?

To collect money for the king's personal use

To fund government projects and services

To discourage people from working

To punish citizens for earning money

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main type of tax that brings in the most money in Australia?

Property tax

Sales tax

Income tax

Luxury tax

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is income tax designed to be fair?

Only businesses pay income tax

Lower earners pay a higher percentage of their income

Higher earners pay a higher percentage of their income

Everyone pays the same amount regardless of income

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic issue is mentioned as a reason for changing tax policy?

Cost-of-living crisis

Inflation

Unemployment

Trade deficit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the government's three-stage plan regarding income tax?

To lower taxes for all income levels

To lower taxes for low and middle incomes and later for higher incomes

To increase taxes for everyone

To eliminate income tax entirely

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why was the Prime Minister's change in tax policy controversial?

It was implemented without any announcement

It increased taxes for everyone

It was a break of trust as he promised not to change it

It only benefited the wealthy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential negative effect of taxing people too much?

It can cause inflation

It can lead to increased government spending

It can reduce people's spending power and affect the economy

It can increase unemployment

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