Taxes and Budgeting Template

Directions: Complete the template by answering the questions in the specified number of sentences.
Question
Response

What are taxes? Provide an example.
(Two sentences)





How do taxes support the economy? Provide an example.
(Two sentences)






How do youth, families, and communities benefit from taxes? Provide examples.
(Three sentences)





What is a budget, how do you make one, and how do you balance it?
(Three sentences)





Use two of the following terms (taxes, revenue, spending) to explain one similarity and one difference between personal and national budgets.
(Two sentences.)