Where Did My Money Go?

Video quiz

  1.  
    In the year the video was made, when was Tax Freedom Day?
    A. February 17 B. April 15 C. July 4 D. April 24
  2.  
    The tax on __________ began in the Middle Ages and wasn't repeated until 1853 in Britain
    A. stamps B. soap C. income D. inheritance
  3.  
    The federal govenment currently takes in about _________ per year in tax revenue.
    A. $3,000,000,000,000 B. $3,000,000,000 C. $4,000,000,000 D. $4,000,000,000,000
  4.  
    Which of the follwing is NOT an examle of a state or local tax?
    A. gasoline tax B. hotel tax C. sales tax D. Medicare tax
  5.  
    Which of the following is an example of a flat rate tax?
    A. federal income tax B. sales tax C. soft drink tax D. Both sales & soft drink tax
Answer Key
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Where Did My Money Go? (Answer Key)

Video quiz

  1.  
    In the year the video was made, when was Tax Freedom Day?
    A. February 17 B. April 15 C. July 4 D. April 24
  2.  
    The tax on __________ began in the Middle Ages and wasn't repeated until 1853 in Britain
    A. stamps B. soap C. income D. inheritance
  3.  
    The federal govenment currently takes in about _________ per year in tax revenue.
    A. $3,000,000,000,000 B. $3,000,000,000 C. $4,000,000,000 D. $4,000,000,000,000
  4.  
    Which of the follwing is NOT an examle of a state or local tax?
    A. gasoline tax B. hotel tax C. sales tax D. Medicare tax
  5.  
    Which of the following is an example of a flat rate tax?
    A. federal income tax B. sales tax C. soft drink tax D. Both sales & soft drink tax

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