Economics: Thursday/Friday May 5-6

Thursday, May 5, 2016

1. How did ancient Mesopotamians pay taxes?

2. At the most basic level, what do taxes pay for and why are they used?

3. What is a luxury tax and a sin tax?

4. List one tax that a foreign country has created.

5. What are direct taxes?

6. What are indirect taxes?

7. How many tax brackets does the United States have?

8. Why type of tax is a Flat Tax?

9. What do economists say will happen if the government got rid of exemptions and deductions?

10. What are the tax rebellions that have taken place?

Economics