ALCULATE: What Affects How Much We Pay in Taxes? Everyone has to pay taxes, but how much you pay depends on a lot of factors. In this activity, explore how three factors (your salary, the state you live in, and the cost of living) can have a big impact on how much you pay in taxes and how much you have leftover to spend on your

Respuesta :

Answer:(1)The personal income tax, (2)The tax paid in one state differs from state to state.(3) Disposable income

Explanation:

A tax is a compulsory levy in which every law abiding citizens with a means of income is expected to pay to the government through the agency responsible for collection of taxes in their country. It is the civic duty of every citizens to pay tax.However, the payment of taxes depend on a lot of factors such as

Salary : The level of income of individuals determine the tax that such individuals will pay. It is known as personal income tax. The higher the income, then the higher the tax. While, the lower the income then the lower the tax.

State you live in : The state where the tax payer reside determine how much tax the tax payers will pay in terms of the kind of taxes to pay to the government. The kind of taxes differs from state to state.

Cost of living : This is the total amount of money it will cost an individual's to provide themselves with the basic necessities of life such as food, clothing and shelter. When the cost of living is high, it reduces the standard of living of the people because when tax has been removed from their income what is left for an individual for saving and spending known as disposable income will not be enough to meet their basic need.