Taxes Study Guide3

Why does the government collect taxes? Select 3 THREE answers

• To buy clothes and toys

• To provide important services

• To build and repair roads

• To fund public services

What are some services that taxes help provide?

• Building roads, schools, and hospitals

• Paying for police and firefighters

• Funding healthcare and education

• All of them

What is an income tax?

• A tax based on how much money a person earns

• A tax on the sales of goods and services

• A tax on property and land

• A tax on imported goods

When do people have to pay sales tax?

• When they earn money from working

• When they buy things like clothes and toys

• When they sell their old belongings

• When they give money as a gift

Why are taxes important?

• They help the government collect money

• They help people buy more things

• They help the government provide for the needs of the people

• They help people save money

What do taxes help build and maintain? Select 2 TWO

• Schools and hospitals

• Parks and playgrounds

• Shopping malls and restaurants

• Movie theaters and amusement parks

What are some public services that taxes help fund?

• Healthcare and police protection

• Transportation and communication

• Entertainment and sports

• Banking and finance

Why do some people complain about paying taxes?

• They think taxes are unnecessary

• They don't want the government to have their money

• They think they have to give away too much of their hard-earned money

• They want to keep all the money for themselves

When you see a new school being built or a road being repaired, what should you remember?

• That taxes are unnecessary

• That your taxes are helping to make it happen

• That the government is wasting your money

• That you should complain about paying taxes

What is the purpose of income tax?

• To collect money from people's salaries

• To fund public services

• To build and maintain schools

• To provide healthcare for everyone