Economics Word Scramble
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| Question | Answer |
| Tax | a required payment to a local. state, or national government |
| Revenue | the income received from taxes and other nontax sources |
| Progressive tax | a tax for which the percentage of income paid in taxes increases as income increases |
| Proportional tax | a tax for which the percentage of income paid in taxes remains the same at all income levels |
| Regressive tax | a tax for which the percentage of income paid in taxes decreases as income increases |
| Tax base | the income, property, good, or service that is subject to a tax |
| Individual income tax | a tax based on a person's earnings |
| Corporate income tax | |
| Property tax | |
| Sales tax | |
| Incidence of a tax |
Created by:
VKimbrell718
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