FLAT TAX, A state passes a law where everyone pays exactly 15% of their income in state income tax—whether you earn $30,000 or $300,000., VA country implements a 10% sales tax on all purchases. A person buying a $100 item pays $10; a person buying a $1,000 item pays $100., A gym charges 12% of your membership fee as a "facility tax." Whether you pay $50/month or $100/month, the tax is always 12%., A new law taxes all online purchases at exactly 8% of the purchase price, regardless of item cost or buyer income., PROGRESSIVE TAX, Federal income tax brackets: Someone earning $30,000 pays 10%; someone earning $150,000 pays 22%; someone earning $500,000 pays 37%., A luxury tax charges 5% on cars under $50,000, but 15% on cars over $100,000 to tax wealthy buyers more heavily., Property tax rates increase with home value: A $200,000 home is taxed at 1%, but a $1 million home is taxed at 2%., An inheritance tax: Inheriting $50,000 is taxed at 10%, but inheriting $5 million is taxed at 40%., REGRESSIVE TAX, A 10% tax on gas affects a low-income family more because they spend a larger portion of their income on gas than a wealthy family does., A $2 tax on every pack of cigarettes takes up 20% of a poor smoker's daily budget but only 2% of a wealthy smoker's budget, A flat 8% sales tax on all groceries means a family earning $30,000/year pays a bigger percentage of their income than a family earning $300,000/year., A $50 annual vehicle registration fee is the same for everyone—a huge burden for a low-income family but negligible for a wealthy family., PROPORTIONAL TAX, A property tax where every homeowner pays 1.5% of their home's assessed value—whether it's worth $150,000 or $500,000., A 6% sales tax applies to all retail purchases, so a $50 item costs $53 and a $500 item costs $530., A capital gains tax of 20% applies equally to all stock profits—whether you earn $1,000 or $100,000 in gains., A parking meter charges $0.50 per hour for everyone, so parking for 1 hour costs $0.50 and parking for 4 hours costs $2.00.
0%
TAX
Share
Share
by
Lprenearpod
Edit Content
Print
Embed
More
Assignments
Leaderboard
Show more
Show less
This leaderboard is currently private. Click
Share
to make it public.
This leaderboard has been disabled by the resource owner.
This leaderboard is disabled as your options are different to the resource owner.
Revert Options
Group sort
is an open-ended template. It does not generate scores for a leaderboard.
Log in required
Visual style
Fonts
Subscription required
Options
Switch template
Show all
Open results
Copy link
QR code
Delete
Continue editing:
?