5319650
Description
Quiz by Sierra Stowe, updated more than 1 year ago
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Created by Sierra Stowe
over 10 years ago
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Question 1
Question
"A required payment to a local, state, or national government."
Which of the following terms is defined above?
Answer
-
Revenue
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Tax
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Tax Base
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Tax Structures
Question 2
Question
A proportional tax is the percentage of income paid in taxes that increases as income increases.
Answer
- True
- False
Question 3
Question
Mandatory spending is spending on certain programs that`s [blank_start]mandatory[blank_end], or [blank_start]required[blank_end], by law.
Answer
-
mandatory
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allowed
-
discretionary
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entitled
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excise
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additional
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required
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regressisve
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