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Taxes

Published on Nov 18, 2015

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PRESENTATION OUTLINE

TAXES

Money given to support government

COMMUNITY

Group of people working for common good

BENEFITS OF TAXES

Helps pay for roads, school , gov. Ext...

INCOME TAX

Tax on earned and unearned income

PAYROLL TAX

Tax on earned income for Medicare+social security

PROPERTY TAX

Tax on land, buildings, and cars

SALES TAX

Tax on items bought in retail stores

EXCISE TAX

Tax charged on consumption items

W-2 FORM

States how much $ you made in a year and how much you spent for taxes

W-4 FORM

Used to know the amount of taxes taken out of pay check

APRIL 15

THEY HELP PAY FOR YOUR COMMUNITY

They pay for public school