5th Grade Financial Literacy Set 1

money paid to the government  based on a person’s income

Money paid to the government on goods and services based on a set percentage of retail cost

money paid to the government based on the value of certain property, such as land, homes, cars, or boats

the income that is left after  taxes are taken out  of the gross income

a person's income before any taxes are taken out of it

 money withheld from a person’s earnings by their employer based on their salary (MONTHLY)

 money paid to the government in exchange for services, such as road maintenance and police protection