American Public Policy Promise and Performance 10th Edition Peters Test Bank 1

American Public Policy Promise and Performance 10th Edition Peters
Full download at:

Test bank:
https://testbankpack.com/p/test-bank-for-american-public-policy-promise-and-performance-10th-
edition-peters-1483391507-9781483391502/
Chapter 10 Test Bank
Title: Ch10-01
1. Tax policy is used not just to collect revenue, but also to address other policy purposes.
*a. true
b. false
Cognitive Domain: Comprehension
Answer Location: page 235
Question Type: TF
Title: Ch10-02
2. CHOOSE ALL THAT APPLY. Which is true of the ways in which U.S. tax policy stands apart from
the tax policies of its trading partners?
*a. The United States derives substantially more of its total tax revenue from property taxes.
*b. The United States has no national sales tax comparable to the value-added tax.
c. The United States relies less on corporate taxes.
*d. The United States relies substantially less on taxes on goods and services.
Cognitive Domain: Application
Question Type: MS
Title: Ch10-03
3. Identify and explain three ways in which the United States stands apart from its trading partners on
tax policy.
*a. Varies Answers can include any combination of the following: (1) the United States relies
substantially less on taxes on goods and services; (2) the United States does not assess a national sales
tax akin to the value-added tax of many European countries; (3) the United States derives substantially
more of its total tax revenue from property taxes than most other countries; and (4) the United States
relies heavily on corporate taxes.
Answer Location: pages 235-237
Question Type: SA
Title: Ch10-04
4. In the United States, the local property tax is especially important to _____ government.
a. federal
b. state
*c. local
d. taxing districts
Cognitive Domain: Knowledge
Question Type: MC
Title: Ch09-05
5. Local governments rely heavily on property taxes in order to finance ______________.
*a. education
Question Type: MC
Title: Ch10-06
6. Local property taxes have been a declining source of revenue for local governments relative to other
revenues.
*a. true
b. false
Question Type: TF
Title: Ch10-07
7. Corporations rarely bear the full burden of corporate taxation. Which example(s) supports this
outcome?
*a. Consumers of the firms’ products pay higher prices.
*b. Corporations’ workers receive lower wages.
*c. Corporations’ stockholders receive lower dividend payments.
d. Corporations assume tax liability as the cost of doing business.
Question Type: MS
Title: Ch10-08
8. Which term describes the activity of a company deciding to move its corporate headquarters outside
of the U.S. in order to have an environment in which there is little or no corporate taxation?
a. VAT
b. progressivity
*c. inversion
d. limited tax
Question Type: MC
Title: Ch10-09
9. Why is the tax system in the U.S. beset with complexity? What has been done to address this
complexity?
*a. Varies. Some of the complexity of the U.S. tax system is a function of federalism and the number of
different tax systems that exist at the state and local levels. The federal government collects
approximately two-thirds of all tax revenue, but states and localities remain significant actors in
taxation. There are also a number of different taxes at the federal level. Greater complexity is also a
result of the many deductions, exemptions, and other special treatments for particular constituencies that
have been written into the tax system. While tax reforms of the 1980s helped to close some of the more
egregious tax loopholes, in almost every revenue bill since 1986, some new special tax treatments have
appeared adding, once again, more complexity to the system. Even the introduction of legislation in
1996 that requires Congress to identify tax breaks that are only enjoyed by relatively few individuals or
firms has not stopped loopholes from being added to the tax code. Part of the reason that policymakers
add these exemptions is that relatively few taxpayers monitor these special benefits.
Cognitive Domain: Analytical
Question Type: ESS
Title: Ch10-10
10. The majority of all tax revenue is collected by the federal government.
*a. true
b. false
Question Type: TF
Title: Ch10-11
11. What is meant when the tax system is referred to as a “Christmas tree”?
*a. Varies. There are a great many exemptions, deductibles, loopholes, etc. written into the tax codes.
Many of these benefit only a small number of individuals or businesses. Thus, the limited beneficiaries
of these special treatments have been “gifted”, the tax code is a “Christmas tree” with special tax
treatments for some.
Question Type: SA
Title: Ch10-12
12. With the exception of the excludability of Social Security income and the earned income tax credit,
the majority of the benefits of tax expenditures accrue to people earning over $___________ per year.
*a. 50,000
Question Type: FIB
Title: Ch10-13
13. Taxes that are linked to specific types of expenditures are usually called _____ taxes.
*a. earmarked
b. dog-eared
c. progressive
d. value-added
Question Type: MC
Title: Ch10-14
14. What are the two major concerns that U.S. taxpayers tend to have about their tax system?
*a. They are concerned about whether the tax system is fair, and they are concerned about whether they
get value for their tax dollars at the state and federal level.
Question Type: SA
Title: Ch10-15
15. CHOOSE ALL THAT APPLY. Which are reasons why the American working poor are harder hit
by taxes?
a. The working poor are more conscientious in filling out their tax forms.
*b. The working poor have less access to loopholes than the wealthy.
*c. The working poor pay Social Security taxes on their entire income.
*d. The working poor spend a higher percentage of their income on consumption.
Question Type: MS
Title: Ch10-16
16. The majority of Americans tend to support _____ taxes.
a. flat
*b. progressive
c. regressive
d. VAT
Question Type: MC
Title: Ch10-17
17. Which of the following terms best describes the idea that the more affluent should pay taxes at a
higher rate than the less affluent?
*a. progressive tax
b. regressive tax
c. flat tax
d. value added tax
Question Type: MC
Title: Ch10-18
18. Which of the following is a tax that is applied to all at the same rate?
a. progressive tax
b. regressive tax
*c. flat tax
d. value added tax
Question Type: MC
Title: Ch10-19
19. CHOOSE ALL THAT APPLY. Which of the following does the American public view as relevant
in the context of fairness of taxes?
a. Corporations should be thought of as individuals.
*b. Everyone should pay something.
*c. Those who have more should pay taxes at a higher rate.
*d. Deductions for groups with special needs are good.
Question Type: MS
Title: Ch10-20
20. Which of the following tax loopholes are viewed favorable by the public?
a. inheritance deductions
b. deductions for second homes
c. business entertainment deductions
*d. mortgage deductions
Question Type: MC
Title: Ch10-21
21. Americans perceive the federal government to deliver the most services for the taxes it collects.
a. true
*b. false
Answer Location: pages 244 & 246
Question Type: TF
Title: Ch10-22
22. Most Americans have a positive view of sin taxes.
*a. true
b. false
Question Type: TF
Title: Ch10-23
23. Explain why Americans tend to favor sin taxes.
a. The support for this type of taxation appears to come less from moral judgments than from a sense
that people who spend money in those ways also have the money to pay in taxes; the feeling is
Another document from Scribd.com that is
random and unrelated content:
back
back
back
back
back
back
back
back
back
back
back
back
back
back
back

American Public Policy Promise and Performance 10th Edition Peters Test Bank 1

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

American Public Policy Promise and Performance 10th Edition Peters Test Bank 1

Uploaded by

Copyright:

Available Formats

American Public Policy Promise and Performance 10th Edition Peters

Full download at:

Chapter 10 Test Bank

You might also like