PRESENTATION OUTLINE
WHAT ARE THE BENEFITS OF TAXES?
- Public School
- Public Roads
- The police department
- The fire department
- Social Security
What is payroll tax?
PAYROLL TAX IS A TAX ON ONLY EARNED INCOME THAT GOES TO SOCIAL Security and Medicare
What is property tax?
Property tax is a tax on a person's belongings which goes to the local government.
What is sales tax?
SALES TAX IS A TAX IN RETAIL ITEMS BOUGHT IN SOTRES. THIS GOES TO THE LOCAL GOVERNMENT.
What is excise tax?
Excise tax is a tax on consumption items such as hotel rooms and gas. This money goes to the local government.
What is a W-2 Form?
A W-2 FORM IS A FORM THAT YOUR EMPLOYER GIVES YOU AND TELLS YIU HOW MUCH OF YOUR MONEY WENT TI TAXES
WHAT DAY DO YOU PAY TAXES BY?
1. Watch out for tax scammers.
2. Taxes are important to keep order in society.
