Chapter 13

Question 1

Constitutional limit to taxation

Answer 1

A text cannot bring in money that goes to an individual interest in the federal taxes must be the same in every state

Question 2

Tax bases

Answer 2

Income, poverty, good or service subject to tax

Question 3

Individual income tax

Answer 3

Person’s earnings

Question 4

Sales tax

Answer 4

Money value of a good or service being sold

Question 5

Property tax

Answer 5

Value of a property

Question 6

Corporate income tax

Answer 6

Value of the company’s profit

Question 7

Entitlement programs

Answer 7

Social welfare programs that people are entitled to if they meet certain requirements

Question 8

Mandatory spending

Answer 8

Spending on certain programs that is mandated or required by existing laws

Question 9

Discretionary spending

Answer 9

Spending category about which government planners can make choices

Question 10

State government revenue

Answer 10

For every Dollar the state spends it must take a dollar for revenue