Tax Theory & Policy Quiz

Froggy Jumps

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Test your tax knowledge.

Créé par

Jaidyn Smith

United States

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Froggy Jumps Tax Theory & Policy QuizVersion en ligne Test your tax knowledge. par Jaidyn Smith 1 What is Sin Tax designed to do? a Only fund education b Raise revenue and discourage consumption c Lower tax rates for all 2 What does a Tax Loophole allow? a To pay more taxes b To change tax year dates c Taxpayers to avoid taxes via oversights 3 Personal Income Tax taxes what? a Corporate profits only b Only interest income c Wages, salaries, and other income of individuals 4 Earned Income Credit provides... a Lower tax bracket if criteria met b No tax benefits c Higher taxes for earners 5 What is Sales Tax levied on? a Income of sellers b Product at the time of sale c Property value 6 Benefit Principle of Taxation states taxes should be paid... a Equally by all citizens b According to income only c According to benefits received 7 Ability-to-Pay Principle suggests taxes depend on... a Level of income b Age of taxpayer c Beneficiary's status 8 Proportional Tax means the rate is... a Progressively higher with income b Same percentage of income for all c Lower for high incomes 9 Progressive Tax increases as income... a Rises with income b Declines with income c Stays constant 10 What is Property Tax levied on? a Income earned by owner b Real property value of owner c Company profits

Froggy Jumps

Tax Theory & Policy QuizVersion en ligne

Test your tax knowledge.

par Jaidyn Smith

What is Sin Tax designed to do?

Only fund education

Raise revenue and discourage consumption

Lower tax rates for all

What does a Tax Loophole allow?

To pay more taxes

To change tax year dates

Taxpayers to avoid taxes via oversights

Personal Income Tax taxes what?

Corporate profits only

Only interest income

Wages, salaries, and other income of individuals

Earned Income Credit provides...

Lower tax bracket if criteria met

No tax benefits

Higher taxes for earners

What is Sales Tax levied on?

Income of sellers

Product at the time of sale

Property value

Benefit Principle of Taxation states taxes should be paid...

Equally by all citizens

According to income only

According to benefits received

Ability-to-Pay Principle suggests taxes depend on...

Level of income

Age of taxpayer

Beneficiary's status

Proportional Tax means the rate is...

Progressively higher with income

Same percentage of income for all

Lower for high incomes

Progressive Tax increases as income...

Rises with income

Declines with income

Stays constant

What is Property Tax levied on?

Income earned by owner

Real property value of owner

Company profits

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Tax Theory & Policy Quiz

Froggy Jumps

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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Froggy Jumps

Tax Theory & Policy QuizVersion en ligne

par Jaidyn Smith

What is Sin Tax designed to do?

What does a Tax Loophole allow?

Personal Income Tax taxes what?

Earned Income Credit provides...

What is Sales Tax levied on?

Benefit Principle of Taxation states taxes should be paid...

Ability-to-Pay Principle suggests taxes depend on...

Proportional Tax means the rate is...

Progressive Tax increases as income...

What is Property Tax levied on?

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