Taxes Answers

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What are some benefits of paying taxes? Check all that apply.ensuring that the needs of the nation are fulfilledpaying for public works such as highways and museumsreducing the amount of money consumers can spendslowing growth in the economypaying for government programs that help citizens

A
ensuring that the needs of the nation are fulfilled
B
paying for public works such as highways and museums
C
reducing the amount of money consumers can spend
D
slowing growth in the economy
E
paying for government programs that help citizens
2
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What stance did you take in your argument? Check all that apply.

A
Taxes reduce individuals' net income
B
Sales taxes reduce many consumers' buying power
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Jamal and Diamond are calculating their taxes for the year. They both have no dependents, so their federal tax rates are the same.

Answers:
Selection 1:Diamond
Who would pay more in sales taxes when making purchases?:Diamond
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Jamal✔ DiamondThey pay the same.

A
Jamal
B
✔ Diamond
C
They pay the same.
27171

Who would pay more in state income taxes?

Answers:
Selection 1:Jamal
Both Jamal and Diamond decide to buy a new computer at a store near their homes. The computer costs $500. Who will end up paying more?:Diamond
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Jamal✔ DiamondThey pay the same.

A
Jamal
B
✔ Diamond
C
They pay the same.
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Washington, DC✔ Virginia Maryland

Answers:
To spend the least amount total, Amir should buy the computer in .:Virginia
Amir would pay the most sales tax in .:Maryland
Amir would pay $60 in sales taxes in .:Washington, DC
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Washington, DCVirginia✔ Maryland

A
Washington, DC
B
Virginia
C
✔ Maryland
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✔ Washington, DCVirginiaMaryland

A
✔ Washington, DC
B
Virginia
C
Maryland
27184

LaTonya was just hired as an engineer for an electric company. She will make a salary of $50,000 a year.

Answers:
was withheld specifically for the tax that is used to pay for a healthcare program.:$612.65
was withheld for the payroll tax that specifically supports retired and disabled citizens.:$2,567.45
If this individual made more money, the amount withheld for Social Security would .:increase
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$1,756.56✔ $2,567.45$43,660.50

A
$1,756.56
B
✔ $2,567.45
C
$43,660.50
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✔ increase decrease stay the same

A
✔ increase
B
decrease
C
stay the same
38493

✔ $0$8,925 $50,000

A
✔ $0
B
$8,925
C
$50,000

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