Types of Taxes

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What is Property Tax?

Back

A tax paid on real estate property, usually based on the value of the property.

Front

What type of tax do homeowners pay annually?

Back

Property Tax.

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What is Payroll Tax?

Back

A tax taken out of your paycheck by your employer or boss.

Front

What are Taxes?

Back

Money you must pay to the government.

Front

What is Income Tax?

Back

Tax paid on the money you earn annually.

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What is Sales Tax?

Back

A tax added to the price of goods and services when you buy them.

Front

Who pays Property Tax?

Back

Property owners, such as homeowners and business owners.

Front

What is the purpose of Taxes?

Back

To fund government services and programs.

Front

How is Property Tax calculated?

Back

Based on the assessed value of the property.

Front

What is an example of a tax taken from your paycheck?

Back

Payroll Tax.