Roads, police, schools, governmental agencies, fire and emergency services are all funded by taxes

Louis's dad pays a tax to the federal government each year based off the money he earns from his lawn mowing business. What type of tax does Louis's dad pay each year?

Your parents pay a tax each year of $3500 that is based off the value of your home. Which type of tax do your parents pay each year?

Curtis purchased a new pair of jeans for $18. When Curtis pays for his jeans his total is almost $20 because of taxes. Which type of tax does Curtis pay?

IRS stands for

Also known as take home pay. The amount that is deposited in your bank account. This is post tax.

Total amount paid to an employee each pay period. Pre-tax.

These taxes come out of a person's paycheck and is meant to help people once they retire.