Watch the video lesson. Then complete the assignment.
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Question 1
1.
Drag the tax situation to the correct tax type. There may be more than one at each.
paying a worker
working at Sonic
buying shoes
owning a home
earning a salery (paycheck)
purchasing a home
Sales Tax
Property Tax
Income Tax
Payroll Tax
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Question 2
2.
Define gross income and net income.
the amount of money earned before taxes.
the amount of money you actually get to keep after taxes
Gross Income
Net Income
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Question 3
3.
Ms. Marsh finds these documents in her file cabinet at home.
What type of tax is in document A?
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Question 4
4.
Ms. Marsh finds these documents in her file cabinet at home.
According to the documents, how much property tax did Ms. Marsh pay in 2013?
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Question 5
5.
Ms. Marsh finds these documents in her file cabinet at home.
According to Document C, how much more property tax did Ms. Marsh pay in 2013 than 2012?
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Question 6
6.
Matt's receipt is shown below.
What is Matt's subtotal?
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Question 7
7.
Matt's receipt is shown below.
What type of tax does Matt have to pay?
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Question 8
8.
Matt's receipt is shown below.
How much sales tax does Matt pay?
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Question 9
9.
Mr. Ford pays a yearly tax of $1,300 based on the value of his home. The tax money helps pay for schools and other local programs, such as firemen and courts. What is the name of the tax Mr. Ford pays?