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 the Check My Answers button at the bottom of the page.
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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.
- Earned income includes commissions, salaries and wages, and tips.
- Individuals, not businesses and corporations, pay income taxes.
- The agency that collects our taxes today is the Bureau of Internal Revenue.
- Congress passed the first income tax during the Civil War.
- The first Secretary of the Treasury was Alexander Hamilton.
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.
- Who has the power to levy taxes?
- Until the Civil War, the federal government's chief sources of revenue were:
- Personal property tax can be classified as what?
- "No taxation without representation," was a slogan of the
- Unearned income includes