SIUSLAW NEWS ❚ WEDNESDAY, JANUARY 13, 2016
© 2016 by Vicki Whiting, Editor
I’m confused, Thrifty! The
newspaper ad said that my
favorite treats were on sale
for $2.99. But when I got
up to the
checkout
counter, it
cost $3.19!
How can
that be?
Is it some
kind of a
trick?
Jeff Schinkel, Graphics
Vol. 32, No. 6
Wow!
Sales
tax
takes
a bite
out
of my
snacks
before
I do!
No, it’s not a mistake,
Fritter. You forgot about
SALES TAX. Sales tax is
added to the price of many
things you buy in stores, so
you have to always
keep that in mind
when figuring out
if you can afford
to buy something!
5 C
Are you an eagle-eyed
reader? Read the story
below and circle the ten
errors you find. Then
rewrite the story correctly.
Taxing Solution
Approximately 300 years ago,
Russian ruler peter the Great
made sweping changes designed
to modurnize and transform
Russia and make it a more
powerfull country.
This was to bee an expensive
task and the solution he found
was to taxe the Russian people.
He found some unnusual items
too tax.
Among the goods he taxed were
hats, boots chimneys, stamps,
basements and beehives. He
taxed things like mustashes and
beards. He even taxed birth,
marriage and burial.
Many things you buy at a store are taxed. That means you pay a little more than the
price tag shows to pay the sales tax. Cities, states and the federal government use tax dollars to
pay for a variety of services and government functions. Unscramble the letters to discover some
of the things taxpayer dollars buy.
Talk with a parent about sales tax. Ask them how
they estimate the cost of something when they’re
deciding to make a purchase. Ask them what other
kinds of taxes they pay.
Everyone who earns money by ____________ pays a percentage of his or
her earnings to the government in what is called an income tax.
First unscramble the
words that describe
the services which
are supported by
sales tax. Next look
through the
newspaper for five
or more examples
of things sales tax
helps provide your
community.
Most of this tax is taken out of a person’s ______________ a little at a time
throughout the ________. But, once a year, people have to list both the
money they have ___________ and their expenses to see if they paid the
right __________ of taxes. Income taxes for 2015 are due by April 15, 2016.
If, when preparing your taxes, you find out you have not _______ enough taxes, you need to
pay the government what you ______ for the previous year. If you discover that you have
paid too ________ in taxes, the government will send you a refund.
Standards Link: Research: Use the
newspaper to locate information.
... saving some of your
money for the future.
How many ways can you make a dollar with these coins?
Complete the chart to show the number of coins you will need
for each group.
2
3
4
5
6
Is their sales tax in your community? Select
five items in today’s paper that you would like
to buy. Find out the price and then multiply the
price by the sales tax percentage. What is the
total price to buy these items?
Standards Link: Math: Compute sums.
X B U Y Q S C F M T
P T S E M A T O A B
E U D M R L N X S T
This week’s word:
A Z R O E E E G T T
REFUND
D K O C Y S G A O P
The noun refund
means a sum of money
given back or repaid.
D U F N H T Y T R R
E W F
I
S A P D E
I
D T A Q P M S F S C
S A S C
ANSWER: So it doesn’t slip through your fingers.
1
PURCHASE
INCOME
TAXES
AFFORD
SALES
CITIES
MONEY
COST
BUY
STORES
PAY
DUE
PRICE
ADDED
TAG
I
T
I
E S E
The store gave me a
refund when I returned the
sweater that didn’t fit.
Try to use the word refund
in a sentence today when
talking with your friends and
family members.
How could you turn one
dollar into ten dollars or
more?
Phone: (541) 997-1144
There’s no place like
Oral Hygiene Tip:
Brush thoroughly
twice a day with
a soft-bristled
toothbrush
Dr. Chad Clement
541-997-3423
1256 Bay St. Old Town Florence
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