Federal Income Tax
A stack of this many one-dollar bills would reach 1/4 of the way from the earth to the moon.
What is 1 trillion (1,000,000,000,000) one-dollar bills?
This tax is the greatest source of federal revenue from taxes.
What is income tax?
This many states do not have a state income tax on the regular earned income of residents and corporations.
What are nine states?
This state spent almost $141 billion ($141,000,000,000) in 2015.
What is New York?
America should avoid going too far into this.
What is debt?
Compares what a taxpayer says on his tax return with what his employer submits.
What is the Internal Revenue Service (IRS)?
This accounts for about 1/3 of the federal revenue.
What is payroll tax?
This kind of tax is the tax that government charges when a person makes a routine purchase.
What is sales tax?
The largest category of Minnesota's spending from 2014-2015.
What is Health and Human Services?
Our constitution began with the assumption that government would exercise only specific delegated these.
What are powers?
This statement tells how much an employer withheld in taxes and sent to the government.
What is the W-2 form?
The federal budget for 2015 called for this amount of money in spending.
What is $3.7 trillion ($3,700,000,000,000) dollars?
Churches and other charitable organizations are what from sales tax?
What is exempted?
In this year New York's state budget was $140.4 billion.
What is 2015?
Jesus taught his disciples that having more things means bearing greater this.
What is responsibility?
The top ten percent of Americans with the highest income pay about this percentage of the personal income tax the IRS collects.
What is 70%?
In 2015 this accounted for $882 billion or 23.9% of federal spending.
What is Social Security?
This state does not collect a sales tax.
What is Hawaii?
In 2015 Alaska gave a dividend of $2,072 to anyone in the state who had lived there for more than this amount of time.
What is one year?
The purpose of this is to raise the revenue that government needs to carry out its proper functions.
What is tax policy?
Eases the burden on taxpayers by letting them pay the taxes throughout the year.
What is Withholding?
The interest on debt in 2015 was 6.1% or this amount of money.
What is $224 billion?
The lowest amount of sales tax collected by any state.
What is 2.9%?
Even this wealthy biblical monarch had to make plans for all the monthly expenses that the royal household had.
Who was King Solomon?
This man once said "Taxes are what we pay for civilized society".
Who is Oliver Wendell Holmes Jr.?