Taxation

What are Taxes?

• A Sum of money that the Federal government pays its citizens for good behavior.
• A Sum of Money that the State Mandates its Businesses pay in order to support the cleaning of their parking lot. 
• A Sum of Money that the Federal Government charges its citizens to clean up their messes. 
• A sum of money that the State or Federal Government mandates its citizens pay in order to support the government itself and all of its services. 

What are three ways you have benefited from taxes today?

• Zoo's, Arena's, and Walmart
• Highway Signs, Highways, and bike reflectors
• Police Officers, Teachers, and the Internet
• Schools, Libraries, and Clean Communities

What is Income Tax?

• Tax on Earned Income
• Tax on Unearned Income
• Tax on Earned and Unearned Income
• Taxes on the Wages you earn from your Employer

What is Payroll Tax?

• Tax on Empoyers' Income
• Tax on Unearned Income
• Tax withheld from employees' paychecks
• Taxes on the Wages you earn from your Employer

What is Federal Income Tax?

• Funds the Disney Corporation with money it needs to operate. 
• Money that supports the Executive, Legislative, and Prejudicial branch of the government.
• A tax that supports the air traffic navy platoon system, the national board of realtors as well as the web of excessive disproportionate growth. 
• A tax that supports the federal government; all its systems, highway construction and the military. 

What is State Income Tax?

• Taxes Paid by the Federal Government
• Taxes Mandated by the Federal Government
• Taxes Mandated by the State Government to pay for the Legal System in the United States
• The Taxes that pay for Schools, Libraries, and Police Departments

What is the Social Security Program?

• A program that helps supplement the high medical costs after retirement. 
• A supplemental retirement program where the government sends a check to a retiree at the Age of 67. (You can begin receiving at 62, however it will be at 70%)
• A benefit program that is taxable by the State Government. 
• A program that sustains and secures 

What is Medicare

• A retirement supplement program
• A VA benefits program
• A program for Low-Income Families
• A medical program for senior citizens

What is Property Tax

• Tax on Land, Vehicles and Property
• Tax on Government Buildings
• Tax on Businesses
• Tax on Educators

What is Excise Tax

• Hidden Tax on Valvoline
• Hidden Tax on Airline Food
• Hidden Tax on Gasoline
• Hidden Tax on Airports