Tina will help you navigate and understand the information in this lesson
Ready to "tax" your brain? Below are some scrambled key terms from this lesson. Unscramble each key term, and type your answer in the space provided. To assess your answers, click the Check My Answers button at the bottom of the page.
1) A tax paid on expensive goods and services considered by the government to be nonessential (2 words). (lutauxxry)
2) The concept that people in the same income group should be taxed at the same rate (2 words). (hntaluiteqorizoy)
3) An excise tax paid by consumers when they purchase gasoline (3 words). (galinescisetaxoex)
4) A tax that cannot be shifted to others, such as a federal income tax (2 words). (dttairecx)
5) A dollar-for-dollar reduction in the tax that can be deducted directly from taxes owed (2 words). (trediaxct)
6) A part of a person's or business' expenses that reduces income subject to tax (2 words). (tctionaxdedu)
7) A tax on the sale or use of specific products or transactions (2 words). (eetaxcisx)
8) A tax that is paid directly by the consumer of a good, product, or service (2 words). (urtasex)
9) A person who represents the concerns or special interests of a particular group or organization in meetings with lawmakers. (loyistbb)
10) A tax on goods such as tobacco and alcohol (2 words). (sntaix)
11) A part of a person's income on which no tax is imposed (2 words). (tmpxetioaxen)