Taxation wherein the actual tax rate decreases as the taxable amount increases
Regressive
Tax levied on the retail price of goods and services at the time sold.
Sales
Tax rate remains the same regardless of the amount on which the tax is imposed.
Proportional
Are property taxes in Nebraska more of less than most other states?
More
The name of the student-teacher leading this class is Ms. ________________.
Donovan
Value of property determined by tax officials.
Assessed Evaluation
Tax based on the ability to pay.
Progressive
IRS stands for _____________________ Revenue Service.
Internal
Sales tax that applies only to selected goods or services, such as cigarettes and gasoline.
Excise
The Nebraska state sales tax and use rate is ___.5%.
Five
The Douglas County sales and use tax rates is ___%.
Seven
Tax on real estate, which is land and buildings.
Real Property
In 2017, the deadline for filing your Federal Income Tax return is on April _______________.
Eighteenth
Taxes that include both Social Security and Medicare.
FICA
Tax on possessions that are movable, such as furniture, machinery, and equipment.
Personal Property
Governments levy taxes mainly ro raise ____________, or money.
Revenue
Tax on material goods owned.
Property
In most years, the deadline for filing your Federal Income Tax Return is on April ____________.
Fifteenth
Tax on the profits of businesses and the earnings of individuals.
Income
Also called a proprotional tax.
Flat