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civics a.m.5
Updated: 12/6/2018
civics a.m.5
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  • That will be $4.27.
  • "Why was the label wrong? It said $3.99!"
  • It rang up as $4.27 because of tax.(a compulsory contribution to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods, services, and transactions)
  • "We pay them because they help our economy.When the economy is weak, for example, the Federal Reserve tries to boost consumer and business demand by cutting interest rates or purchasing financial securities. Congress, for its part, can boost demand by increasing spending and cutting taxes.
  • "Why do we pay taxes? It seems so unfair! Now I can't have my toy!"
  • "It doesn't help me. I shouldn't have to pay. I'm just a kid."
  • Even kids benefit.think about your after school club Effective after school programs bring a wide range of benefits to youth, families and communities. After school programs can boost academic performance, reduce risky behaviors, promote physical health, and provide a safe, structured environment for the children of working parents.
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