Read My Lips
What type of tax do you get charged when you go out to eat or go shopping?
Sales Tax
What is the name of the money help for school that you don't have to pay back?
Scholarships
True or False: Interest is where you put money into something and expect more profit over time.
False; that's Investing
True or False: There is insurance that you don't have to pay for.
True
Public school teachers get paid from what tax?
State Income Taxes
What are the two types of taxes that get taken out on a paycheck?
State Income Tax and Federal Income Tax
True or False: A loan does not have interest.
False. Most if not all loans have interest to be paid back.
True or Fales: Interest is only a thing that can be against your benefit, meaning you always have to pay more.
Fales! When you invest, you are gaining interest, meaning gaining money, which is in your benefit.
What is the main income source of non-profits?
Donations
What kind of tax helps a city keep functioning?
Sales Tax/Tax Revenue
What is the name of the money help that often gets given to educational institutions, educators, and businesses that does not have to be paid back?
Grants
True or False: You can get insurance for your pets.
True
Often times, people who work at car dealerships or furniture stores get paid by:
Commission
What kind of taxes help pay for employees of a county?
Property/Ad Valorem Taxes
True or False: You have to pay back school loans while you are attending school full time.
False
How do cities get more money for raises for police officers and fire fighters?
Raise Sales Tax or bring in more business
History: What raised tax given by the British caused the Bostonians in 1773 to throw things into the harbor in protest?
tea; The Tea Act; "No taxation without representation."
What is the acronym for the national school loan program?
FAFSA
What is the thing that helps musical artists and authors get money when people listen to/buy their work?
Royalties