Taxes & Government Revenue
A tax where the tax rate increases as income increases.
What is a progressive tax?
Ownership in a company is called a ____.
What is a stock?
The largest spending category in the California state budget.
What is education?
The California-born fast-food chain known for “Animal Style.”
What is In-N-Out?
The traditional clothing worn at graduation.
What is a cap and gown?
The artist known as the “King of Pop.”
Who is Michael Jackson?
The largest source of California’s General Fund revenue.
What is the personal income tax?
When one country can produce more of a good with the same resources.
What is absolute advantage?
The tax that funds most California local governments.
What is property tax?
The city where the Golden Gate Bridge is located.
What is San Francisco?
The form required to apply for federal financial aid.
What is the FAFSA?
The platform that releases “____ Wrapped.”
What is Spotify?
The proposition that caps California property tax rates at 1%.
What is Proposition 13?
When a country can produce a good at a lower opportunity cost than another.
What is comparative advantage?
A requirement that California cannot spend more than it earns.
What is a balanced budget requirement?
The nickname for California’s major technology region.
What is Silicon Valley?
The event where seniors typically celebrate at Disneyland or another park.
What is Grad Night?
The artist who released “HUMBLE.”
Who is Kendrick Lamar?
A tax where low-income earners pay a higher percentage of income.
What is a regressive tax?
When a country imports more than it exports.
What is a trade deficit?
The level of government responsible for police and fire services.
What is local government?
The NBA team based in Los Angeles with purple and gold colors.
Who are the Los Angeles Lakers?
The large dance held near the end of senior year.
What is prom?
The Latin artist who released “Un Verano Sin Ti.”
Who is Bad Bunny?
Spending that Congress must approve each year.
What is discretionary spending?
The economic reason why countries specialize and trade.
What is comparative advantage?
The financial effect caused by Prop 13’s limit on tax reassessments.
What is reduced property tax revenue growth?
The national park in California known for Half Dome.
What is Yosemite National Park?
The final year of high school is called ____ grade.
What is 12th grade?
The South Korean group known for “Dynamite.”
Who is BTS?