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Financial Literacy 5.10A Flashcards | StudBud

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Which tax is paid for on ALL the income you made (business, job, lottery)?

is the amount of money paid to the government to help pay for services and goods.

Financial Literacy 5.10A

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A #math quiz on #financial literacy.

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Questions 10

Answers

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