A system that has more than one level of governments is called a ______ system.

Federal

Unitary

Republic

Progressive

There are about _______ governments in the USA

10,000

20,000

50,000

70,000

The taxes available to the US government in the Constitution when it was written were tariffs and excise taxes, and they had to have uniform rates across the country.

True

False

A tax that is designated for a specific purpose is called a(n) ______ tax

pork barrel

partitioned

sequestered

earmarked

When someone legally manages to reduce their taxes, we call this tax

evasion

sequestration

refreshment

avoidance

The national excise taxes used in Europe and many other countries are called:

VAT

TAR

GRT

EBT

Economists believe that a sales tax

is basically passed on entirely to consumers

is paid by businesses, with lower prices to offset it

is split partly to the consumer and partly to the business

actually does not exist

The personal income tax system in the US is intended to be

progressive

regressive

proportional

biased

Corporate dividends are often taxed twice, once as profits under the corporate profits tax, and once as income under the personal income tax.

True

False