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Explain that taxes are paid to federal, state, and local governments to fund government goods and services and transfer payments from government to individuals and that the major types of taxes are income taxes, payroll (Social Security) taxes, property taxes, and sales taxes.
Standard #: SS.912.FL.1.6Archived Standard
Standard Information
General Information
Subject Area: Archived Social Studies
Grade: 912
Body Of Knowledge: Financial Literacy (Discontinued after 2023-2024)
Standard: Earning Income
Date Adopted or Revised: 04/15
Status: State Board Approved - Archived
Related Courses
- Florida’s Preinternational Baccalaureate Comparative Economics With Financial Literacy (Specifically in versions: 2014 - 2015, 2015 - 2022, 2022 - 2024, 2024 and beyond (current)) # 2102800
- Economics with Financial Literacy (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 - 2022, 2022 - 2024 (course terminated)) # 2102335
- Economics with Financial Literacy for Credit Recovery (Specifically in versions: 2015 - 2018, 2018 - 2022, 2022 and beyond (current)) # 2102340
- Economics with Financial Literacy Honors (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 - 2022, 2022 - 2024 (course terminated)) # 2102345
- Access Economics with Financial Literacy (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 - 2023, 2023 and beyond (current)) # 7921022
- Personal Financial Literacy (Specifically in versions: 2015 - 2018, 2018 - 2019, 2019 - 2022, 2022 and beyond (current)) # 2102372
- Personal Financial Literacy Honors (Specifically in versions: 2015 - 2018, 2018 - 2019, 2019 - 2022, 2022 and beyond (current)) # 2102374
- Mathematics for Data and Financial Literacy (Specifically in versions: 2016 and beyond (current)) # 1200387
- Access Personal Financial Literacy (Specifically in versions: 2019 - 2023, 2023 and beyond (current)) # 7921021