
Understanding Taxes
Interactive Video
•
Social Studies, Life Skills, Business
•
4th - 8th Grade
•
Hard

Liam Anderson
FREE Resource
Read more
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of taxes according to the video?
To increase government profits
To support private businesses
To reduce public spending
To fund public services like roads and police
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the video suggest about the things that seem free?
They are gifts from the government
They are not important
They are actually funded by taxes
They are funded by private companies
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is funded by income tax?
International travel
Personal savings
Private schools
Public assistance programs
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of the IRS mentioned in the video?
To provide loans
To build roads
To collect taxes
To manage public parks
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is sales tax typically added to?
Income
Bank interest
Property value
Purchases and snacks
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens if you don't pay your taxes properly?
You receive a reward
You face no consequences
You may face penalties
You get a tax refund
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does property tax vary?
It varies based on location
It depends on the size of the house
It is only applicable to apartments
It is the same everywhere
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