| Tidbit Taxes | Sales Tax | Income Tax | Business Concepts | Syllabus |
|---|---|---|---|---|
|
What is "Self-Employed"?
The IRS wants some of that dirty money! If you are a drug dealer, you are required by law to put down this as your employment when filing taxes.
|
What is "7%"?
In the state of Indiana, the sales tax rate is ___.
|
What is "Personal Income Tax, Capital Gains, Corporate Income Taxes, Social Security and Medicare Taxes and Self-employment Taxes"?
There are five types of income taxes. These are _______.
|
What is "elbow-taps"?
When entering class or leaving class, you do this instead of making direct contact.
|
Who is "the student"?
The grade you receive is one you earn; this means it falls on this person to pass this class.
|
|
Who is “Al Capone”?
This famous Chicago mobster only got caught because he decided not to do his taxes.
|
What is "5 states"?
There are this many states that do not have sales tax.
|
What is "Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming"?
These seven states do not impose personal income taxes.
|
What is "Communication"?
According to our esteemed professor, this is the one of the most important tenets of class.
|
What is "50 points"?
Our "Final" is our presentation for our Business Plan; its worth this many points.
|
|
Where is “Texas”?
This state charges a $5 customer fee for each stripper pole, also known as the “pole tax”.
|
What is "New Hampshire, Oregon, Montana, Alaska, and Delaware"?
These states have no sales tax.
|
What is the "Civil War"?
To support the war effort, Congress enacted the first income tax law in the United States; that war was ______.
|
What is "contact Camillo and let him know of your absence"?
If we cannot make it to class for what ever reason, we do this as standard procedure.
|
Where is "Room 104 in Ford"?
If you ever need to speak face-to-face, you can find Camillo in this room and building.
|
|
What is “Sin” or “Excise” Tax?
Let’s party! Tobacco, gambling, and alcohol are all examples of this kind of tax.
|
What is "NOMAD"?
It's studying time! This acronym is favored when remembering which states do not have sales tax.
|
What is "50%"?
The federal budget for the 2020 fiscal year is about $4.6 trillion dollars. $3.7 trillion come from taxes; about _____ comes from income taxes.
|
What is a "9 year old"?
How old is Camillo's son?
|
What is "Exploring Business 3.0 Collins (Flatworld)"?
The required text for Business Concepts is ____.
|
|
What is “94%”?
In WWII, taxes spiked for wealthy Americans. The peak of these taxes reached ____.
|
What is "the seller is required to collect sales when they have a link or connection to a state"?
Under this circumstance do sellers need to collect sales tax.
|
Who is "Napoleon Bonaparte"?
Prime Minister William Pitt the Younger enacted the first example of modern income tax in 1799 as result of a war against another nation. The leader of this nation was _____.
|
What is a "golden retriever"?
What kind of dog does Camillo own?
|
What is "450 points"?
The grading scale is set by the amount of points you earn per assignment or test; the maximum amount of points you can earn is ____.
|
Support Us on Ko-fi