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Part 2 Examination Please read the instructions before you begin to answer the questions that follow. Instructions: Follow the instructions for each question. Show your
Part 2 Examination Please read the instructions before you begin to answer the questions that follow. Instructions: Follow the instructions for each question. Show your work in the space provided and circle the answer. You will need to show your work on the file submitted for your teacher to grade. Multiple Choice: Choose the best answer from the selection provided. (2 points each) 1. Which of the following amendments to the U.S. Constitution legalized the income tax? a. 12th Amendment b. 14th Amendment c. 16th Amendment d. 18th Amendment 2. Which of the following is NOT one of the characteristics of a good tax? a. simplicity b. efficiency c. equity d. reliability 3. The federal income tax is which type of tax? a. progressive b. regressive c. proportional d. atypical 4. FICA taxes fund which of the following la
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