Types of Taxes

Sally owns a gas station.  What type of tax will she have to pay on the land that the gas station is on? 

• Property Tax
• Payroll Tax
• Income Tax
• Sales tax

Tags

CCSS.7.RP.A.3

Jose Altuve for the Houston Astros makes $625,000 every year.  He has to pay taxes on the money his annual earnings. Which type of tax is that?

• Property Tax
• Income Tax
• Payroll tax
• Sales tax

Frank's parents own their house. Which type of tax will Frank's parents pay annually?

• Property Tax
• Payroll Tax
• Income Tax
• Sales tax

Tags

CCSS.7.RP.A.3

Jared bought a new boat. He had to pay which kind of tax on his new boat? 

• Property Tax
• Income Tax
• Payroll tax
• Sales tax

Income tax is-

• Money your employer pays to you
• Money you earn and put into the bank
• Tax paid on the money you earn annually
• Money you pay to your employee

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

The cost for the new Fallout 4 game is $59.99, but the cashier asked for more money, because of a tax.  What type of tax is this? 

• Income
• Property
• Payroll
• Sales

Tags

CCSS.6.RP.A.3D

Harris county charges tax each year on the house that Julia owns.  She pays around $6,500 in taxes each year for her house. Which type of tax is this?

• Income
• Property
• Payroll
• Sales

Mr. Keen earns $4,350 each month.  However when he gets his paycheck it is always less than $4,350, because taxes have been taken out of his paycheck.  What type of tax is this?

• Income
• Property
• Payroll
• Sales

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

This is a tax on retail items 

• Income
• Property
• Payroll
• Sales

Tags

CCSS.6.RP.A.3D

Mr. Carrier is starting his own business.  He will hire 12 people.  He will have to take taxes out of each persons paycheck to pay the government.  What type of tax is this?

• Income
• Property
• Payroll
• Sales

Tags

CCSS.RI.2.3

CCSS.RI.2.5

CCSS.RI.3.5

CCSS.RI.4.3

CCSS.RI.5.5