Christopher Driskell - MATH 12 (10.1) The US Tax System
Christopher Driskell - MATH 12 (10.1) The US Tax System
Name:
RESOURCES QUESTIONS
Estimated time: 5 mins
Discussion Prompts 1. In 2019, the U.S. government spent $4.45 Trillion. Below are five of the areas the U.S. spent tax
1 TYPE your response to the money on. Estimate the order in which the government spent tax dollars on, from highest amount to
question. lowest amount.
1 most money spent --- 5 least money spent.
Then, share what you wrote a. Healthcare 2
with your tablemates. b. Education4
c. Military3
d. Benefits for Retired People1
e. Science Research5
GROUP TABLE DISCUSSION ➔ With your TABLEMATES, READ through the section titled “Understanding Local Tax”.
➔ Then, answer the questions.
LOCAL TAXES 1. Name 3 ways the state government uses tax dollars.
STATE TAXES
2. Name 3 ways the local government uses tax dollars.
CLASS DISCUSSION
View the data on how taxes differ between states in this table..
GROUP DISCUSSION
Taxes by state and local chart
TURN IN WHEN FINISHED All of these are top 3 areas that the federal government spends tax money on EXCEPT:
WITH THE ENTIRE PACKET!!! A. Social Security
B. Education
C. Medicaid
D. Military
The United States has a "progressive" tax system. This means that...
A. All individuals pay the same tax rate
B. You pay the tax rate of the highest bracket you fall into
C. The higher your income is, the lower your tax rate becomes
D. The higher your income is, the higher your tax rate becomes
If someone asks you what your “tax bracket” is, they are asking about your marginal tax rate which is…
A. The tax rate you pay on your last dollar of income
B. The total amount of money you paid in taxes last year
C. The refund amount on your last tax return
D. The average tax rate you pay on your entire income