Match the clues below to their correct answers by choosing from the drop-down menu. Continue to Part 2 or, to assess your answers, click Check My Answers at the bottom of the page.
- Correct.
- Correct.
- Correct.
- Correct.
- Correct.
Indicate whether each of the statements below is true or false by clicking on the correct answer. Continue to Part 3 or, to assess your answers, click the Check My Answers button at the bottom of the page.
- A regressive tax takes a smaller share of income from low-income groups than from high-income groups
- Regressive taxes include fixed amounts of tax on each individual or household.
- Federal taxes on alcohol and gasoline take a larger percentage of income from those with high incomes.
- Sales taxes tend to be regressive because they take a larger percentage of the income of low-income taxpayers.
- To make their sales taxes less regressive, many states exempt basic necessities such as food from taxation.
Answer the following multiple-choice questions by clicking on the correct answer. To assess your answers, click the Check My Answers button at the bottom of the page.
- A regressive tax takes the largest percentage of income from which group?
- Which is not an example of a commonly used regressive tax?
- Which is not an example of a user fee?
- What is the goal of a sales tax holiday?
- Most states do not tax
