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PF OBJ 2.02 Vocabulary

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

Income received from sources other than employment

a)

Unearned Income

b)

Taxpayer

c)

Sales tax

2.

A group of people with common interests and concern for the common good

a)

community

b)

taxpayer

c)

excise tax

3.

money earned from working for pay

a)

earned income

b)

payroll tax

c)

income tax

4.

taxes collected from the seller or retailer and as such often remain "hidden" in the price of a product or service, rather than being listed separately

a)

excise tax

b)

income tax

c)

sales tax

5.

a tax on earned and unearned income

a)

income tax

b)

payroll tax

c)

sales tax

6.

a tax on earned income

a)

payroll tax

b)

income tax

c)

property tax

7.

a tax on property, such as land, buildings (including homes), and automobiles

a)

property tax

b)

sales tax

c)

excise tax

8.

a tax on purchased goods and services

a)

sales tax

b)

payroll tax

c)

property tax

9.

a sum of money demanded by a government to support the government itself as well as specific facilities or services

a)

taxes

b)

payroll tax

c)

excise tax

10.

a person who pays a tax to national, state, county or municipal governments

a)

taxpayer

b)

community

c)

earned income