Tax: who, what, how and why

Different types of taxes affect taxpayers in different ways. Work out the difference between progressive, proportional and regressive taxes and test your understanding of these three tax types.

Tax: who, what, how and why
Type: Theory
Questions: 3
Attempts allowed: Unlimited
Available: Always
Pass rate: 75%
Passed:
  • Fact 4

    The first taxes in Australia were raised to help pay for the completion of Sydney's first gaol and provide for the orphans of the colony. Import taxes were put on spirits, wine and beer.

Fringe benefit

A benefit received by employees from their employer instead of salary or wages, such as the use of a car for private purposes.

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