Income Tax

Which type of taxes are the taxes that take a larger share of one's income as the income grows

Which type of taxes have smaller amounts taken as one's income grows?

What type of tax is a flat tax that an equal amount is taken from all individuals regardless of income level?

Which of the following is an example of progressive tax?

What is an example of property tax?

Why does the government collect taxes? (select all that apply)

Fun fact, what kind of tax do you NOT have to pay in the state of Texas?

(the answer is NOT on previous slides)