Types of Taxes

Sales tax is based on.......?

• tax on material goods owned.

• tax levied on the retail pruce of goods and services

• tax on oil

• none of the above

Tags

CCSS.6.RP.A.3B

What tax is the main source of revenue for most local governments?

• Sales Tax

• Property tax

• Payroll tax

• Income Tax

Which tax is the money added to the cost of items or services?

• Payroll taxes

• Income taxes

• Sales taxes

• Property taxes

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

Mr. Kendall had a new garage built. Which yearly tax will increase based on the value of the garage?

• Income tax

• Property tax

• Sales tax

• Payroll tax

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

Drew bought a computer for $480. Which tax could he have paid on the purchase?

• Payroll tax

• Income tax

• Sales tax

• Property tax

Tags

CCSS.6.RP.A.3B

Jackson got a part-time job making hamburgers at a café. Last week he earned $100 in wages, but he received a paycheck for only $70. What is the reason the amount of his paycheck was less than the wages he earned?

• Jackson only worked part-time.

• The café lost money last week

• The owner of the café decided not to pay Jackson the total amount he earned.

• Taxes were taken out of Jackson's paycheck.

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Which type of tax best describes this definition?

- a tax paid on the money an employee receives.

• Payroll Tax

• Income Tax

• Property Tax

• Sales Tax

Tags

CCSS.7.RP.A.3

The following are examples of which type of tax?

1. Tax paid on a family owned farm.

2. Tax paid of a piece of land someone owns.

3. Tax paid on a home someone owns.

• Payroll Tax

• Income Tax

• Property Tax

• Sales Tax

Tags

CCSS.7.RP.A.3

Which type of tax best describes this definition?

- a tax includes Social Security and Medicare taxes and is paid by an employer

• Payroll Tax

• Income Tax

• Property Tax

• Sales Tax

Tags

CCSS.7.RP.A.3

The TV you bought was $900 and the sales tax was 10%, what was the total cost of the TV.

• $900

• $990

• $810

• $1035

Tags

CCSS.6.RP.A.3C