Financial Literacy

Which of these is NOT an example of a property tax?

• Tax paid on the value of a farm a person owns

• Tax paid on the value of a piece of land a person owns

• Tax paid on the value of a piece of furniture a person owns

• Tax paid on the value of a home a person owns

A definition of a financial term is shown in the box.

Which term best fits this definition?

• Payroll tax

• Property tax

• Sales tax

• Gasoline tax

A definition of a financial term is shown in the box.Which term best fits this definition.

• Income tax

• Payroll tax

• Property tax

• Sales tax

Ms. Parvin pays a tax every year because owns house. Which term best describes this tax?

• Income tax

• Payroll tax

• Sales tax

• Property tax