income tax sales property

Taxes and Incomes Review Lesson

Multiple Choice

A budget is

• A tax

• An income

• A plan on how to spend money

• An expense

Multiple Choice

If Sammy’s expenses are greater than his income, what must he do to balance his budget?

• Earn more money
• Spend less money on expenses
• Earn more money AND spend less
• None of the above

Multiple Select

Rolando earns $395. His pay after taxes is $356. What taxes apply?

• Payroll tax

• Income Tax

• Sales Tax

• Property Tax

Match

Match the following

• Income Tax

• Sales Tax

• Property Tax

tax on money earned from a job

Tax paid on items you buy

Tax paid on property you own

• tax on money earned from a job

• Tax paid on items you buy

• Tax paid on property you own

Multiple Choice

What is an example of property tax?

• Candy

• Cars

• Paycheck

Match

Match the following

• Federal Government

• State Government

• Local Government

Government in charge of the entire United States

Government in charge of each state

Government in charge of cities and towns

• Government in charge of the entire United States

• Government in charge of each state

• Government in charge of cities and towns

Drag and Drop

The government collects ​

Placeholder

from the ​ ​

Placeholder

.

Drag these tiles and drop them in the correct blank above

taxes

citizens

money

workers

Match

Match the following

• Taxes

• Income

• Government Services

government collects money from citizens

money earned from working a job

things paid for by the government for citizens

• government collects money from citizens

• money earned from working a job

• things paid for by the government for citizens

Multiple Choice

A tax on money earned from working a job

• Sales Tax

• Property Tax

• Income Tax

Multiple Choice

Sales Tax

• Tax on money earned from working

• Tax paid on property owned

• Tax on items you buy

Multiple Choice

A tax paid on property you own

• Sales Tax

• Property Tax

• Income Tax

Multiple Choice

Federal Government is in charge of ____________.

• The entire United States

• A state

• Cities and towns

Multiple Choice

A new neighborhood pool and park were added to the community. These are examples of...

• Payroll Taxes

• Property Increase

• Interest Ratels

• Property Decrease

Balanced Budget vs. Unbalanced Budget

Balanced Budget - money you earn is the same as money you pay

Unbalanced Budget - more money is spent than you earn during a particular period

GROSS V. NET PAY

• Gross Pay - Before taxes taken

• Net Pay - After taxes taken out

Multiple Choice

Select the correct answer

• A

• B

• C

• D

Multiple Choice

select the correct answer

• A

• B

• C

• D

Multiple Choice

Select the correct answer

• $720

• $600

• $710

• $1,310

Fill in the Blanks