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This quiz, titled 'Chapter 14 Quiz Kennedy 2nd Block', assesses understanding of U.S. taxation principles, including the 16th Amendment, budget deficits, progressive income taxes, the IRS, and tax expenditures. It is designed for...

Questions: 12 | Attempts: 55 | Last updated: May 22, 2025

Sample Question 1
Which amendment to the US Constitution permitted the federal income tax?

10th

14th

15th

16th

18th

Sample Question 2
A budget deficit occurs when expenditures exceed

Revenues

Borrowing

Appropriations

Inflation

Authorization

Sample Question 3
The income tax is generally progressive, meaning that

It increases incrementally on an annual basis

Those with more income pay higher rates of tax on their income

Those with more income pay more taxes than those with less income

It is a newer form of taxation than sales taxes

It is better than a flat tax