Question 1
The measure or value upon which a tax is levied is the
◦ tax base.
◦ tax rate.
◦ tax structure.
◦ tax incidence.
Question 2
Every tax has two parts: a(n) ________ and a(n) ________.
◦ base; rate structure
◦ incidence; rate
◦ base; incidence
◦ rate structure; excess burden