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by BlastRoom
Identify how federal, state, and local governments raise revenue through major taxes.
#us_hs_economics
20 questions
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A county bills a homeowner each year based on the assessed value of her house and land. Which level of government collects this revenue?
A worker's pay stub shows a deduction for Social Security and Medicare. Which level of government collects this payroll-tax revenue?
The Ohio General Assembly sets a 5.75% tax that stores add to most retail purchases. Which level of government collects this sales-tax revenue?
Congress sets a tax of $1.01 on each pack of cigarettes sold in the United States. Which level of government receives that excise-tax revenue?
A city charges a cable company an annual franchise fee for running its lines under public streets. Which level of government is collecting this revenue?
An employer in Georgia withholds Georgia income tax from each employee's paycheck. Which level of government collects that revenue?
The IRS receives a tax payment calculated from a family's taxable income for the year. Which level of government collects it?
Which source supplies the largest share of federal government revenue in a typical year?
What broad tax source lets state governments raise revenue when consumers buy taxable goods and services?
A local government usually relies most heavily on which tax base to fund services such as schools, roads, and fire protection?
For many state governments, which pair provides much of tax revenue?
Besides individual income taxes, which tax is another major source of federal revenue?
An employer and employee each pay a tax based on the employee's wages to support Social Security and Medicare. What kind of tax is this?
At checkout, a customer pays an added percentage of the price of a taxable backpack. What kind of tax is the added charge?
A homeowner owes $3,200 because her home and lot have an assessed value set by the county. What kind of tax does she owe?
A state charges 30 cents for every gallon of gasoline sold. What kind of tax is this per-unit charge?
Jordan files a tax return each April and pays tax figured on her total taxable income for the year, including wages and interest. What kind of tax is it?
A county collected $20 million in revenue: $12 million from property taxes, $5 million from sales taxes, and $3 million from fees. What share came from property taxes?
A state collected $18 billion: $9 billion from sales taxes, $6 billion from income taxes, and $3 billion from fees. What share of its revenue came from sales taxes?
Federal receipts total $24 billion in a simplified example, including $6 billion from payroll taxes. What share of the total came from payroll taxes?
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Deficits, Surpluses and the National Debt
20 questions
