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Types of Taxes

Type the answer that goes with the definition
Quiz by SpongebobS
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Last updated: March 16, 2021
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First submittedMarch 16, 2021
Times taken18
Average score42.9%
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Hint
Answer
A financial charge given to citizens by the government or added to the cost of some goods, services, and transaction.
Tax
Income tax that levies the same percentage tax to everyone, regardless of income
Proportional tax
The more income you earn, the larger percentage of tax you have to pay
Progressive tax
The opposite of progressive tax, the more income you earn, the smaller percentage of tax you have to pay.
Regressive tax
Hint
Answer
Annual taxes levied by the federal government and most state governments on individual and business income.
Income tax
A financial charge on property that the owner is required to pay
Property tax
Is a percentage at which an individual and corporation is taxed.
Tax rate
+1
Level 59
Mar 17, 2021
Great Quiz! But I knew none of the answers
+1
Level 59
Mar 17, 2021
You should make more quizzes
+1
Level 32
Nov 22, 2021
A terrible quiz, you should really accept multiple answers on a lot of them. The second question should accept "flat rate".

Hope you review it soon, because this really tilted me.