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Taxes

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PRESENTATION OUTLINE

WHAT I KNOW

Everyone has to pay some kind of tax

TAXES

Sum of money demanded to help support the government

COMMUNITY

Group of people working together for a common good

BENEFITS

Build and renew roads and pay government workers

ICOME TAX

Money earned from working

PAYROLL TAX

Set percentage taken out of your paycheck

PROPERTY TAX

Tax on property you own

SALES TAX

Tax on items purchased in retail stores

EXCISE TAX

Untaxed charged on consumption items

W-2 FORM

What you use to file your taxes

W-4 FORM

Tells employer how much you want taken out of your paycheck for taxes

TAX DATE

April 15

IMPORTANT TAX FACTS

Taxes help pay for roads. They also support our military