Everand Logo

Welcome to Everand!

  • Cobblestone American History and Current Events for Kids and Children

    MANY TYPES OF TAXES

    Apr 01, 2020 3 minutes
    by Kathiann M. Kowalski

    The filing deadline for U.S. federal income tax returns is April 15. It’s not the only day or the only way people pay taxes. States, counties, and local governments collect taxes, too. Most Americans pay taxes every time they go shopping!

    Income Tax

    As the name suggests, the federal income tax is based on income. It’s not a flat tax, with one rate for everyone. Rather, the tax is progressive. That means that the tax advances or grows from low to high rates. It charges higher rates for higher incomes.

    You’re reading a preview, subscribe to read more.

    More from Cobblestone American History and Current Events for Kids and Children

    Cobblestone American History and Current Events for Kids and Children1 min read
    Did You Know ?
    When first assembled in the United States in 1886, the Statue of Liberty’s right arm was attached incorrectly. It was misaligned by more than a foot. (It was fixed in 1986.) Until 1916, special visitors were permitted to climb a 40-foot ladder to rea
    Cobblestone American History and Current Events for Kids and Children2 min read
    Say What?
    The bluish-green coating that covers the Statue of Liberty is called verdigris. It means “a crust of copper sulfate or copper chloride that forms on copper, brass, or bronze when exposed to air and moisture.” The word comes from the Old French, verte
    Cobblestone American History and Current Events for Kids and Children3 min read
    A French Idea
    French law professor Édouard de Laboulaye believed that the friendship between the United States and France was special. That friendship dated back to the Revolutionary War (1775–1783). Back then, the French had supported the Americans in their fight

    Related Books & Audiobooks