What are Taxes?

ObjectiveTo teach kids about taxes (Sales tax, income tax, property tax, etc)
Description Taxes

Discuss the following with your friends or family. If you don't know the answers, talk to your parents or look them up online:

1. What do you know about taxes?

2. Have you ever noticed that when you buy something at the store the price at the till is different than the price on the sticker? Why do you think this is?

3. Are there different kinds of taxes? Can you name any different types of taxes?

4. Where do the taxes go and what are taxes used for?

 

Complete When

Mark this activity as complete when you have had a conversation with friends or family about taxes or you have done some research and understand what taxes are and what they are used for.

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Age Range 8    9    10    11    12    13    14    15    16    17    18   
Activity Type Lesson
Tags Logical-Mathematical Intelligence  Linguistic Intelligence 
CreatedCindyCindy
Last ModifiedRobRob

References

Reference Reference Note  
Canada Revenue Agency

These are the current interest rates in Canada.

Current Income Tax Rates in Canada

Wikipedia

This Wikipedia entry is about the origins of tax, the different kinds of taxes and views on taxation.

Tax

This entry is about Sales tax in Canada.

Sales Tax in Canada

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