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Financial Literacy 5.10A Flashcards | StudBud

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Which taxes are involved in monthly paychecks, buying a car, and owning a house?

Services paid for with taxes:

Financial Literacy 5.10A

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A #math quiz on #financial literacy.

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Questions 10

Answers

1
Services paid for with taxes:
Parks, bridges, roads
Firefighters, police officers, libraries, schools
Parks, police officers, libraries, roads
Bridges, libraries, schools
2
Which taxes are involved in monthly paychecks, buying a car, and owning a house?
None of the answer choices.
property tax, income tax, and sales tax
payroll taxes, sales tax, and property tax
payroll taxes, sales tax, and income tax
3
Which tax is paid for on ALL the income you made (business, job, lottery)?
income tax
payroll tax
property tax
sales tax
4
Which tax is taken directly out of your paycheck?
Payroll tax
Property tax
Income tax
Sales tax
5
Which type of tax is paid for at the store when a purchase is made?
property tax
payroll tax
sales tax
income tax
6
Which are the four different types of taxes?
clothes tax, car tax, weather tax
Water tax, property tax, earth tax
gas tax, candy tax, food tax
income tax, payroll tax, sales tax, and property tax
7
In order to have funding for services and goods we pay
taxes
income tax
property tax
payroll tax
8
Which tax must be paid by anyone who owns land?
Property tax
Sales tax
Payroll tax
Income tax
9
Goods paid for with taxes:
Police officers, Schools, Firefighters
Roads, bridges, parks
Firefighters, Schools, Parks
Bridges, Libraries, Parks
10
is the amount of money paid to the government to help pay for services and goods.
Income Tax
Tax
Sales Tax
Property Tax