Where Taxes Go
What pays for things like public libraries, public schools, and roads?
Taxes!
We pay taxes in 3 ways: for what we _______, ________, and ________.
earn, buy, and own
The sales tax was started during a difficult time when people lost all their money; it was called The _______ _________.
Great Depression
When people pay taxes, the money first goes to the ______________.
government
We pay taxes to these 3 levels of government: ________, ________, and _________.
federal, state, and local
Federal income taxes have been taken out of people's paychecks since this decade: __________.
the 1940s
What kind of taxes go toward the elderly, healthcare, and the military?
Federal income taxes
Taxes on money we earn each year are called: ________ __________. We pay these to the federal government.
income taxes
Paying taxes is something we all must do. It is called a ______ ______.
civic duty
What kind of taxes go toward things like freeways, bridges, and schools?
State income taxes
Taxes on things we buy are called _________ ________ which people pay to the state government.
sales taxes
In some states, there are no sales taxes at all: true or false.
True! These states include Alaska, Delaware, New Hampshire, Montana, and Oregon.
What kind of taxes go toward local libraries, police, and fire departments?
Taxes on homes or land we own are called _________ _______.
property taxes
Which state has the highest income tax rate? Massachusetts, California, or New York?
California!