Another Name for Welfare Is

question 16

Multiple Choice

Another name for welfare is?

• A) Dole
• B) Play money
• C) Phony money
• D) Give away
• E) Waste

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Definitions:

Taxes

Compulsory financial charges or other types of levies imposed upon a taxpayer by a governmental organization in order to fund various public expenditures.

Lump Sum Tax

A type of tax that is a fixed amount, no matter the change in circumstance of the taxed entity.

Horizontal Equity

The idea that taxpayers with similar abilities to pay taxes should pay the same amount

Average Tax Rate

The proportion of total income that is paid as tax.