How much do you know about taxes?

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With so much talk about tax plans in this election cycle. I thought it valuable to find out how much we really know about the recent changes to the system we pay into.

1

What is currently the highest tax bracket?
- 50%
- 45%
- 40%
- 35%
- 25%
- 15%
- 10%
2

What percentage is closest to the amount paid by the top 10% of wage earners?
- 100%
- 75%
- 60%
- 50%
- 30%
- 20%
- 10%
3

What percentage is closest to the amount paid by the bottom 50% of wage earners?
- 75%
- 50%
- 40%
- 30%
- 20%
- 10%
- 5%
4

In 2004 [After the second round of Bush Tax cuts] how much has revenue changed [according to the IRS reciepts] measured against 2003?
- Down 25%
- Down 10%
- Down 5%
- Remained the Same
- Up 5%
- Up 10%
- Up 25%
5

In 2007 how much has revenue changed [according to the IRS reciepts] measured against 2003?
- Down 40%
- Down 25%
- Down 10%
- Remained the Same
- Up 10%
- Up 25%
- Up 40%
6

What percentage of Americans do not pay income taxes?
- 50%
- 40%
- 30%
- 20%
- 10%
- 0%

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How much do you know about taxes?

What is currently the highest tax bracket?

What percentage is closest to the amount paid by the top 10% of wage earners?

What percentage is closest to the amount paid by the bottom 50% of wage earners?

In 2004 [After the second round of Bush Tax cuts] how much has revenue changed [according to the IRS reciepts] measured against 2003?

In 2007 how much has revenue changed [according to the IRS reciepts] measured against 2003?

What percentage of Americans do not pay income taxes?

Post This Quiz

Rating

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