Taxes Answers

What are some benefits of paying taxes? Check all that apply.ensuring that the needs of the nation are fulfilledpaying for public works such as highways and museumsreducing the amount of money consumers can spendslowing growth in the economypaying for government programs that help citizens

Jamal✔ DiamondThey pay the same.

✔ Washington, DCVirginiaMaryland

Washington, DC✔ Virginia Maryland

What is the best definition of income tax?

LaTonya was just hired as an engineer for an electric company. She will make a salary of $50,000 a year.

Jamal and Diamond are calculating their taxes for the year. They both have no dependents, so their federal tax rates are the same. Who would pay more in federal income taxes? Who would pay more in sales taxes when making purchases?

Who would pay more in state income taxes? Both Jamal and Diamond decide to buy a new computer at a store near their homes. The computer costs $500. Who will end up paying more?

LaTonya was just hired as an engineer for an electric company. She will make a salary of $50,000 a year.

How much will Terrill and Natalia be required to pay in property tax per year?

was withheld specifically for the tax that is used to pay for a healthcare program. was withheld for the payroll tax that specifically supports retired and disabled citizens. If this individual made more money, the amount withheld for Social Security would .

What are the benefits of donating to a charitable organization? Check all that apply.It earns the donor interest from the charity on the amount given.It gives the donor satisfaction, and it helps the charity’s cause.It grants a rebate for an amount equivalent to the donation.It can often be deducted from the donor’s taxable income.It exempts the donor from all federal taxes for the year.

Jamal✔ DiamondThey pay the same.

✔ $0$8,925 $50,000

Washington, DCVirginia✔ Maryland

$1,756.56✔ $2,567.45$43,660.50

✔ increase decrease stay the same