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Which of the Following Is an Example of a Tax

question 13

Multiple Choice

Which of the following is an example of a tax following the benefits principle? i. Sales taxes on petrol used to fund road maintenance projects.
Ii) Federal income tax used to provide income support for poorer households.
Iii) Property taxes used to finance public education.


Definitions:

Living Wage Laws

Regulations that require employers to pay wages that are sufficient to maintain a decent standard of living for their workers and families.

Minimum Wage

The lowest legal remuneration that employers can pay their workers; the rate can vary by jurisdiction and is set by law.

Cost of Living

The amount of money needed to sustain a certain level of living, including basic expenses such as housing, food, taxes, and healthcare.

Legislative Attempts

Efforts made by lawmakers to create or amend laws within a legislative body.

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