LIST ALL OF THE TAXES (PERCENT, AMOUNT, ETC.) FOUND ON THE BILL.1. List all of the taxes (percent, amount, etc.) found on the receipt.

LIST ALL OF THE TAXES (PERCENT, AMOUNT, ETC.) FOUND ON THE BILL.1. List all of the taxes (percent, amount, etc.) found on the receipt.

Complete all five parts of the worksheet.

Part One: Income Tax

Use the sample pay stub provided to fill in the table below.

Who Determines the Amount of Tax?

Services the Tax is Applied Towards

Federal Tax

State Tax

Social Security Tax

Medicare Tax

Other (Please specify)

Part Two: Sales Tax

Use the sample sales receipt provided to answer the questions below.

1. List all of the taxes (percent, amount, etc.) found on the receipt.

2. Who determines the amount of each tax?

3. Where does revenue from this tax go? What does it fund?

Part Three: Utility Tax

Use the sample utility bill provided to answer the questions below.

1. List all of the taxes (percent, amount, etc.) found on the bill.

2. Who determines the amount of each tax?

3. Where does revenue from this tax go? What does it fund?

Part Four: Property Tax

Use the sample property tax statement provided to answer the questions below.

1. List all of the taxes (percent, amount, etc.) found on the statement.

2. Who determines the amount of each tax?

3. Where does revenue from this tax go? What does it fund?

Part Five: Summary and Analysis

Write a 200-350-word summary below of your findings and what

Explanation & Answer

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