Can You Pay Your Bills #3

Front

Taxes were used throughout history to fund projects like roads, sewage, and military.

Back

True

Front

Tax amounts are often based on what a person earns, buys, or owns.

Back

True

Front

Federal income taxes are only paid by the _______ to the government.

Back

employee

Front

Taxes _______ the more you make.

Back

increase

Front

Do all cities add income taxes on top of federal taxes?

Back

False

Front

What tax is paid by the employer and the employee?

Back

payroll

Front

Income taxes are _____% of your gross income.

Back

15.3

Front

The employer pays all payroll taxes.

Back

False

Front

What taxes will you pay if you own a home?

Back

property taxes

Front

IRS stands for______.

Back

Internal Revenue Service