Margaret was issued a $150 speeding ticket.This is:
A) A tax because payment is required by law.
B) A tax because the payment is not related to any specific benefit received from the government agency collecting the ticket.
C) Not a tax because it is considered a fine intended to punish illegal behavior.
D) A tax because it is imposed by a government agency.
E) Not a tax because Margaret could have avoided payment if she did not speed.

Question

Quizplus · Accepted Answer

The $150 speeding ticket is considered a fine intended to punish illegal behavior, and not a tax. Taxes are payments required by law that do not necessarily relate to any specific benefit received from the government agency collecting the payment. In this case, the payment is directly related to the offense committed by Margaret, and it is meant to discourage her from breaking the law in the future. Additionally, Margaret could have avoided the payment if she did not speed, which further supports the idea that this is a fine and not a tax.

Margaret Was Issued a $150 Speeding Ticket.This Is