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Topic: Taxation 

Economics

 Standard 6.  Understands the roles government plays in the United States economy
  Level IV (Grade 9-12)
   Benchmark 2.Understands that most federal tax revenue comes from personal income and payroll taxes, and these taxes are used to fund social security payments, the costs of national defense, medical expenditures, and interest payments on the national debt
    Knowledge/skill statements
     1.Understands that most federal tax revenue comes from personal income and payroll taxes
     2.Understands that federal tax revenue is used to fund Social Security payments
     3.Understands that federal tax revenue is used to cover the costs of national defense
     4.Understands that federal tax revenue is used to fund medical expenditures
     5.Understands that federal tax revenue is used to fund interest payments on the national debt
   Benchmark 3.Understands that most state and local government revenues come from sales taxes, grants from the federal government, personal income taxes, and property taxes, and are used to fund education, public welfare, road constructions and repair, and public safety
    Knowledge/skill statements
     1.Knows that some state and local government revenue come from sales tax
     2.Knows that some state and local government revenue come from federal grants
     3.Knows that some state and local government revenue come from personal income taxes
     4.Knows that some state and local government revenue come from property taxes
     5.Understands that state and local government revenue is used to fund education
     6.Understands that state and local government revenue is used to fund public welfare
     7.Understands that state and local government revenue is used to fund road construction and repair
     8.Understands that state and local government revenue is used to fund public safety