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Question 7 Most flat taxes are 1. progressive because everyone is simply paying a proportion of...

Question 7

Most flat taxes are

1.

progressive because everyone is simply paying a proportion of their income in direct or indirect taxes.

2.

difficult to administer.

3.

revenue neutral compared to other types of taxes.

4.

regressive because they require lower income individuals to us a portion of their income with a higher utility than individuals with higher incomes.

Question 9

Which of the following taxes was allowed under the original Constitution?

1.

Income taxes on land owners only

2.

Export taxes

3.

Direct taxes on property

4.

Import tariffs

Question 14

Compared to Europe, federal taxation in the United States

1.

relies more heavily on lump-sum taxes.

2.

relies more heavily on direct taxes.

3.

relies more heavily on indirect taxes.

Question 17

Social security is financed in all but which one of the following ways?

1.

A tax on employers.

2.

A payroll tax with matching contributions by the states

3.

A tax on employees.

4.

A tax on one generation’s workers to support another’s retirees
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Most flat taxes are
2. difficult to administer.
Which of the following taxes was allowed under the original Constitution?
1. Income taxes on land owners only.
Compared to Europe, federal taxation in the United States
2. relies more heavily on direct taxes.
Social security is financed in all but which one of the following ways?
2. A payroll tax with matching contributions by the states
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