Standard #: SS.912.FL.2.6


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Explain that taxes are paid to federal, state, and local governments to fund government goods and services as well as transfer payments from government to individuals.


Clarifications


Clarification 1: Instruction includes the identification of the governmental agency that receives tax revenue for a specific tax.

Clarification 2: Instruction includes the identification of the use of specific tax revenues.

Clarification 3: Instruction includes the major types of taxes: income, payroll, property, and sales tax.



Related Courses

Course Number1111 Course Title222
2102300: Economics and Personal Finance (Specifically in versions: 2023 - 2024, 2024 and beyond (current))
2102305: Economics and Personal Finance Honors (Specifically in versions: 2023 - 2024, 2024 and beyond (current))
2102371: Personal Finance and Money Management (Specifically in versions: 2023 - 2024, 2024 and beyond (current))
2102373: Personal Finance and Money Management Honors (Specifically in versions: 2023 - 2024, 2024 and beyond (current))


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