Last week you spent two days learning more about taxes, where they go and how they are determined. What did you find most interesting about this unit? What are the 3 types of taxes that are collected and how is that money reinvested into our society and/or our government.
Income tax sale tax and property tax are the three types of taxes. All the moneys goes to the government and that helps with health care and other things. In the end of the year most people get there money back. It goes to your social security and builds up with time.
1. In San Mateo County, how is the amount of property tax due each year determined?
Its depends how much you make and how many people you have in your house hold and how many kids you have and how much your partner makes it's all about your situation.
2. If you were going on an all out shopping spree, which state(s) would you most want to be shopping in?
Oregon because they don't have any taxes there and it's much cheaper
3. What, in your opinion, is the best use for income tax money that is collected?
It's goes to government and it is also helps other things everyone needs like health care and food stamps and most things like jails and etc
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