#1
Which of the following is a progressive tax?
#2
What does VAT stand for in the context of taxation?
#3
What is the term used for the amount of tax imposed per unit of a good or service?
#4
In which country was the world's first income tax introduced?
#5
What is the term used for the legal reduction of taxable income?
#6
What is the tax rate applied to long-term capital gains for individuals in the United States?
#7
Which of the following is NOT a principle of a good tax system?
#8
Which of the following taxes is typically paid by the employer and employee equally in the United States?
#9
What is the term used for a tax that takes a larger percentage of income from low-income earners than from high-income earners?
#10
What is the term used for a tax on the value of a property or real estate?
#11
Which tax system taxes individuals based on their ability to pay rather than the actual amount of income or wealth?
#12
Which of the following statements is true about excise taxes?
#13
In which tax system does the tax rate decrease as the amount subject to taxation increases?
#14