types of Taxes ( info from think up)

What is income tax?

• a yearly federal tax on the earnings of a person or business.

• a city or state tax added to the price of an item.

• a continent tax added to the maximum of a price.

• money an employer withhold from a workers paycheck

what is payroll tax?

• a monthly federal tax on the earnings of a person or business.

• a yearly federal tax on the earnings of a person or business.

• a city or state tax added to the price of an item.

• money an employer withholds from a workers's paycheck to fund federal programs such as Social Security and Medicare.

what is the meaning of the word " yearly"?

• every month

• once a day

• pertaining to a year or to each year.

• each minute

What is a tax?

• money given by the government to entertain your family

• money you donate to your family.

• a sum of money demanded by a government for its support or for specific facilities or services, levied upon incomes, property, sales,

• the lottery

What are property taxes?

• a city or state tax added to the price of an item; sales tax is collected by the seller.

• a yearly federal tax on the earnings of a person or business.

• the total amount of money a worker earns

• a yearly tax on homes, land, and other property that helps pay for local needs such as schools, firefighters, etc.

What are sales tax?

• a yearly tax on homes

• a yearly federal tax on the earnings of a person.

• a city or state tax added to the price of an item ; sales tax is collected by the seller.

• money an employer withholds from a worker's paycheck.

Payroll taxes are collected to fund...

• federal programs such as Social Security and Medicare.

• Wendy's Restaurant

• your family

• the president's house.