WorksheetsTax Brackets
Total questions: 21
Worksheet time: 11mins
The United States operates on a marginal tax rate?
True
False
The United States operates on a flat tax rate?
True
False
What do federal taxes not pay for in the United states?
All of the military branches
Interstates
Medicare/Medicade
Dental and Vision insurance
When is a sales tax applied?
When a sale is completed in a formal business
when a sale is completed
When a sale is considered
When a sale is not completed
The form that determines the amount of money withheld for taxes is called a
w2
w4
i9
1040ez
FICA taxes are
U.S. federal payroll taxes imposed on both employees and employers to fund Social Security.
U.S. federal payroll taxes imposed on employees only to fund Social Security and Medicare.
U.S. federal payroll taxes imposed on both employees and employers to fund Social Security and Medicare
U.S. federal payroll taxes imposed on employers only to fund Social Security and Medicare
Which President is responsible for social security
Teddy Roosevelt
F.D.R.
Abraham Lincoln
Benjamin Franklin
A __________ must be provided to employees by the end of January so that they can file their federal income tax.
w2
1040ez
w9
w4
Taxes can be used to protect the environment?
True
False
A property tax is a form of an indirect tax?
True
False
A sales tax is a direct tax?
True
False
Single and married filers have different income brackets for the same tax rates
True
False
Which of these is not a filing option for paying your taxes?
Single
Married
Head of Household
Dependent
Taxes have been collected for over 2,000 years
True
False
A regressive tax rate is applied at the same rate for all individuals
True
False
Someone who benefits from services without paying is known as a _______________.
Freerider
Freeloader
Carpetbagger
Public User
Externalities are always bad?
True
False
Why does the government finance public education.
It creates a better educated populace
More education can lead to higher earning potential which can lead to higher taxes
It provides more opportunities for more people to improve themselves
all of the above
Texas has a state income tax?
True
False
Currently the highest marginal Tax rate in the united states is?
12%
22%
37%
52%
What is currently the lowest marginal tax rate in the United states
5%
10%
13%
15%
