sources of government spending and revenue, economics homework help

Description

Due to the number of incorrect answers receive recently from tutors, I need those who bid on these assignments to be extremely careful and double check all work for accuracy BEFORE they submit to me.

When the percentage of income paid in taxes increase as one’s income increases, the tax is said to be ________.

a. corporate income tax

b. progressive tax

c. regressive tax

d. payroll tax

——————————————————–

Taxes that can be shifted to others are called progressive taxes.


a. True

b. False

——————————————————-

Direct government payments to producers of certain goods or services are called _________.


a. price supports

b. income securities

c. homeland securities

d. subsidies

========================================

_________________ is based upon the benefit principle.


a, Gift tax

b. User fees

c. Gross receipts tax

d. Custom duty

———————————————————————

All are the three main types of taxes EXCEPT:


a. regressive tax

b. proportional tax

c.user tax

d. progressive tax

——————————————-

Which is the branch of the US Treasury Department that collects taxes?


a. IRS

b. FICA

c. Sales Tax Association

d. Payroll Tax Department

================================

____________ accounts for the government largest expenditure.


a. education

b. Social security

c. Corporations

d. Individual income tax

=====================================

The charge for use of a state park is a ________.


a. user fee

b. property tax

c. excise tax

d. estate tax

============================

Social Security is the nations basic method of providing a continuing income when family earnings are reduced or stop because of retirement, disability, or death.


a. True

b. False

============================================

The _________ rate is usually applied uniformly throughout a community regardless of a taxpayer’s ability to pay.


a.sales tax

b. state tax

c. personal property

d. real property

=======================

Needs help with similar assignment?

We are available 24x7 to deliver the best services and assignment ready within 3-4 hours? Order a custom-written, plagiarism-free paper

Order Over WhatsApp Place an Order Online

Do you have an upcoming essay or assignment due?

All of our assignments are originally produced, unique, and free of plagiarism.

If yes Order Similar Paper