March 3
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Fiscal Policy | the way the gov't taxes citizens and spends money
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| Expenditure | money spent by a gov't
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| Revenue | The money gov't recieves from taxes and other sources
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| Regressive Taxation | The percent you pay goes down as you earn more money
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| Proportional Taxation | taxes the same percent of income no matter how much you make
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| Income Tax | A tax on the money an individual or buisness earns
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| Excise Tax | A tax on certain products
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| Corporate Tax | A levy placed on the profit of a firm different rates are used for different levels of profits
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| Direct Tax | a tax exacted directly from the persons who will bear the burden of it,as a poll tax, a general property tax, or an income tax.
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| Estate Tax | a tax imposed on a decedent's property
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| User Fees | A charge for the use of a service or product
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| Tariffs | An import tax designed to protect a nation's industries from foreign competition
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| Social Security | federal insurance, financed by special tax, that provides benefits for people who are retired
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| National Budget | the way of which the gov't plans on spending the nations money
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| Budget Deficit | when a person or group of people spend more money than they have
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| Budget Surplus | when a person or group of people have more money than they are spending
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| National Debt | the total amount the gov't owes on money it has borrowed
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| Deficit Spending | An excess of gov't expenses over revenues
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Civics123
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