Tax vs Other Fees
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Questions and Answers

What is the main difference between a penalty and a special assessment?

  • A penalty is based on law and cannot generally be assigned, while a special assessment is based on contract and can be paid in kind.
  • A penalty is a sum of money for different public use, while a special assessment is a sanction imposed as a punishment for violation of law or acts deemed injurious.
  • A penalty is only imposed by the government or state, while a special assessment can also be imposed by private individuals.
  • A penalty is designed to regulate conduct, while a special assessment is enforced proportional contribution from owners of lands for special benefits resulting from public improvements. (correct)

    • What is the main difference between a permit or license fee and a debt?

  • A permit or license fee is based on law and cannot generally be assigned, while a debt is based on contract and can be paid in kind. (correct)
  • A permit or license fee is a charge imposed under the police power for purposes of regulation, while a debt is a sum of money for different public use.
  • A permit or license fee is designed to regulate conduct, while a debt is enforced proportional contribution from owners of lands for special benefits resulting from public improvements.
  • A permit or license fee is only levied on land, while a debt is based on law and can be assigned.

    • Which of the following is not a source of tax authority?

  • Executive Branch
  • Judicial Branch
  • Legislative Branch
  • Public opinion (correct)

    • Toll tax can only be imposed by the government or state, not by private individuals.

    <p>False</p> Signup and view all the answers

    Special assessment is limited to land only, and cannot be levied on individuals or other properties.

    <p>False</p> Signup and view all the answers

    Revenue refers only to taxes and not to any other funds or income derived by the government.

    <p>False</p> Signup and view all the answers

    Toll tax can only be imposed by the government or state

    <p>False</p> Signup and view all the answers

    Penalty is primarily designed to raise revenue to defray necessary expenses of the government

    <p>False</p> Signup and view all the answers

    Debt is generally payable in money and a person can be imprisoned for non-payment

    <p>True</p> Signup and view all the answers

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