Financial Literacy

this tax covers education, healthcare, and transportation costs.

Total income before taxes are taken out of it.

The amount of income that is left after taxes are taken out.

Money added to the cost of items and services.

this income tax takes care of state highway maintenance.

The total tax an employer withholds from your paycheck.

a portion of the value of an item. This is collected on items such as houses, boats, or land.

money paid to the government in exchange for services.