What Taxes Fund: A Deep Dive

The video explores how taxes fund various government services at federal, state, and local levels. It highlights federal programs like healthcare, Social Security, and national defense, state responsibilities such as education and infrastructure, and local services including police and schools. The video emphasizes the importance of taxes in providing these services and hints at future lessons on different types of taxes.

What percentage of the federal budget is allocated to healthcare?

• Nearly 40%

• Roughly 10%

• About 50%

• Approximately 25%

Which program is designed to provide financial benefits to the elderly and disabled?

• Medicare

• Social Security

• Medicaid

• CHIP

Which agency is responsible for securing government-assisted homes?

• Department of Education

• Department of Health and Human Services

• Department of Housing and Urban Development

• Department of Transportation

How many branches does the U.S. military have?

• Five

• Seven

• Six

• Four

What does the National School Lunch Program provide?

• Educational materials

• Free or reduced-price lunches

• Transportation for students

• Healthcare services

What is a major expenditure for state governments?

• Federal prisons

• National defense

• Public education

• Space exploration

Which of the following is maintained by state tax dollars?

• Federal highways

• National parks

• National monuments

• State parks

What services do local taxes fund?

• Space exploration

• National defense

• Federal courts

• Local police and fire departments

What is the purpose of taxes according to the video?

• To control citizen behavior

• To fund government services

• To increase government wealth

• To support international aid

What encourages citizens to keep in mind the importance of taxes?

• The complexity of the tax system

• The possibility of tax reduction

• The annual tax return process

• The services and programs they fund