Direct Taxes Quizzes, Questions & Answers

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Top Trending Direct Taxes Quizzes

The public finance: trivia quiz. Businesses are all controlled by the government to a given level and sometimes the government intervenes in the economy. In the quiz below you will get to test out what you know about different...

Questions: 19 | Attempts: 1984 | Last updated: Mar 22, 2025

Sample Question 1
If the marginal tax rate on individual incomes falls, we would expect, other things constant, individuals to

Offer more hours of work and consume fewer hours of leisure

Offer fewer hours or work and consume more hours of leisure

Ultimately pay less in sales taxes

Experience an overall increase in worker productivity

All of (a)-(d)

Sample Question 2
Economists identify a tax structure as being progressive if

The average tax rate increases as the level of taxable income increases

The marginal tax rate falls as taxable income rises

The average tax rate remains constant as the level of taxable income rises

The marginal tax rate remains constant as the level of taxable income rises

All of (a)-(d)

Microeconomics Quiz: The Cost Of Taxation

Taxation affects most of us and each citizen with an income is taxed in most countries. In our microeconomics class we got to understand much about the cost of taxation. How attentive have you been these past few chapters, do...

Questions: 25 | Attempts: 1708 | Last updated: Mar 22, 2025

Sample Question 1
In general, a tax raises the price the buyers pay, lowers the price the sellers receive, and reduces the quantity sold

True

False

Sample Question 2
If a tax is placed on a good and it reduces the quantity sold, there must be a deadweight loss from the tax

True

False

Recent Direct Taxes Quizzes

Do You Know Where Your Taxes Are Going?

Do you know where your taxes are going?

On April 15, 2013, millions of Americans will file their income taxes for 2012. Find out where your federal income taxes went during Fiscal Year 2012. Note: This quiz looks only at federal income taxes, not payroll taxes.

Questions: 13 | Attempts: 72 | Last updated: Aug 21, 2025

Sample Question
How many cents of each income tax dollar went towards food and agriculture?

4.9 cents

4.4 cents

3.8 cents

5.2 cents

Fair Tax Trivia Quiz - Test Your Knowledge Of The Fair Tax

Fair Tax Trivia Quiz - Test Your Knowledge of the Fair Tax

Are you familiar with Fair Tax? Let's see how well you know about the same through this Fair Tax trivia quiz. You can test your knowledge as well as learn new facts about this Tax. If you think you know it well, it will be an...

Questions: 10 | Attempts: 130 | Last updated: Aug 2, 2025

Sample Question
The IRS employs more investigative agents than ICE, CIA, and the FBI combined.

True

False