Taxation Quiz
Question 1
What is the purpose of taxation?
A. To generate revenue for the government B. To redistribute wealth C. To discourage certain behaviors D. To encourage economic growth
Answer 1
A. To generate revenue for the government
Question 2
True or False: Taxation is a form of government regulation.
A. True B. False
Answer 2
A. True
Question 3
What are the three types of taxes?
A. Income, Property, and Sales B. Property, Sales, and Capital Gains C. Income, Sales, and Excise D. Income, Property, and Excise
Answer 3
D. Income, Property, and Excise
Question 4
Fill in the blank: Taxpayers are required to __________ their taxes.
Answer 4
File