Part 3 Review Questions

  1. Question

    List several reasons that people work. What are some reasons people change jobs throughout their lifetime?

  2. Question

    What are some “marketable skills” you possess? Think about skills you’ve developed and used in past jobs, volunteer opportunities, and even in school.

  3. Question

    What are four different kinds of taxes withheld from your paycheck? What is the money ultimately used for?

  4. Question

    Briefly describe the U.S. tax system.

Project

Research how the United States spent last year’s tax dollars. What percentages went to discretionary spending, mandatory spending, and interest on federal debt? What does discretionary and mandatory spending pay for?