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12th Grade Public Finance Quizzes, Questions & Answers

12th Grade

Popular Public Finance Topics

Government Revenue & Taxation

Government Revenue & Taxation

Budgeting & Fiscal Policy

Budgeting & Fiscal Policy

Top Trending Public Finance Quizzes

Politics In American Local Government, Part I

A difficult quiz about finance and budget it local government.

Questions: 10 | Attempts: 138 | Last updated: May 15, 2025

Sample Question 1
True or false? Most states require their municipalities to operate within a balanced budget.

True

False

Sample Question 2
What is the oldest tax levied in the United States?

Property Tax

Sales Tax

Social Security Tax

Internet Sales Tax

Just How Loaded Is Mitt Romney?

Test your knowledge of the Republican frontrunner's personal finances.

Questions: 10 | Attempts: 1788 | Last updated: Mar 14, 2025

Sample Question 1
In 2010, Mitt Romney earned as much as how many typical American households?

4.3

43

433

4,333

Sample Question 2
Romney’s effective tax rate in 2010 was 13.9 percent. If you earned $21.7 million, your tax rate would probably be a lot higher. Why?

Romney’s income from his career in private equity is not considered regular income but capital gains.

Capital gains are taxed at 15 percent while regular income is taxed at a top rate of 35 percent.

Bain Capital and other private equity firms have spent millions keeping this tax loophole open.

All of above

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