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What was the 1773 British law on tea that helped trigger the Boston Tea Party called?
Answer
Tea Act
Which U.S. law created the modern federal Child Tax Credit in 1997?
Answer
Taxpayer Relief Act of 1997
Which U.S. tax credit was created in 1975 to supplement the wages of low- and moderate-income workers?
Answer
Earned Income Tax Credit
Which New Zealand tax, introduced in 1986, is a broad consumption tax charged at multiple stages of production?
Answer
Goods and Services Tax
In which year did Canada introduce its federal Goods and Services Tax, commonly abbreviated GST?
Answer
1991
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Latest trivia questions
Which U.S. law created the modern federal Child Tax Credit in 1997?
Answer
Taxpayer Relief Act of 1997
Which U.S. tax credit was created in 1975 to supplement the wages of low- and moderate-income workers?
Answer
Earned Income Tax Credit
Which New Zealand tax, introduced in 1986, is a broad consumption tax charged at multiple stages of production?
Answer
Goods and Services Tax
In Britain, which prime minister introduced the first modern income tax in 1799?
Answer
William Pitt the Younger
In economics, what term describes the minimum price a seller will accept for a particular good?
Answer
Reservation price
In economics, what condition describes an allocation where the price of a good equals its marginal cost?
Answer
Allocative efficiency