Section 1
Section 2
100
What is a high tax on a socially undesirable product so that it can raise revenue and discourage consumption
Sin Tax
100
What is the tax on wages and salaries deducted from paychecks to finance Social Security, and Medicare
Payroll Tax
200
What is the final burden of a tax
Incidence of a tax
200
What system automatically deducts income taxes from paycheck on a regular basis?
Payroll Withholding System
300
What exception or oversight allows a taxpayer to avoid paying certain taxes
Tax Loophole
300
What is the tax on the transfer of property when a person dies
Estate Tax
400
What federal tax is levied on the wages, salaries, and other income of individuals?
Individual Income Tax
400
What tax is on imported products
Customs Duty
500
What is a tax in which the percentage of income paid in tax rises as the level of income rises
Progressive Tax
500
What are the funds that one level of government recieves from another level of government
Intergovernmental Revenue
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