Types of Taxes
taxes you make based on how much you make within the tax year
What are income taxes?
known as the Internal Revenue Service - collects your taxes :-)
What is the IRS?
7.25%
What is California's sales tax?
$0-$9,950
What is 10%?
This person slapped Chris Rock.
Who is Will Smith?
taxes you pay based on your property
What are property taxes?
an amount of money you can deduct from your taxes to lower the amount you owe uwu
What are tax deductions?
What is luxury tax?
$9,951-$40,525
What is 12%?
a type of sale tax that applies to specific high-cost items; includes "sin taxes"
What are luxury taxes?
part of a tax return - used to report and file taxes on income
What is the W-2 form?
0.73%
$40,526-$86,375
What is 22%?
taxes you pay on ordinary goods you buy
What are consumption taxes?
the system where higher taxes are applied as income levels increase
What is progressive taxation?
8.7%
What is San Francisco's sale tax?
24%
What is $86,376-$164,925?
taxes that your employer taxes directly from your income to pay for benefits
the total amount of income and earnings you made for the tax year minus certain adjustments to income
What is AGI?
9%
What is Marin's sales tax?
32%
What is $164,926-$209,425?
They are the 36th president of the United States.
Who is Lyndon B. Johnson?