Tax Worksheet

Former Supreme Court Chief Justice John Marshall once stated, “The power to tax is the power to destroy.” The power to tax, the principle of taxation, and the effect taxes have on citizens has existed since the inception of America itself. However, much of it is misunderstood.

Use the sample property tax bill, pay stub, utility bill, and sales tax receipt provided below to complete the Analyzing Tax Worksheet.

POS-301: Analyzing Tax Worksheet

Complete all five parts of the worksheet.

Part One: Income Tax

Use the sample pay stub provided to fill in the table below.

Who Determines the Amount of Tax?	Services the Tax is Applied Towards
Federal Tax
State Tax
Social Security Tax
Medicare Tax
Other (Please specify)

Part Two: Sales Tax

Use the sample sales receipt provided to answer the questions below.

1. List all of the taxes (percent, amount, etc.) found on the receipt.

2. Who determines the amount of each tax?

3. Where does revenue from this tax go? What does it fund?

Part Three: Utility Tax

Use the sample utility bill provided to answer the questions below.

1. List all of the taxes (percent, amount, etc.) found on the bill.

2. Who determines the amount of each tax?

3. Where does revenue from this tax go? What does it fund?

Part Four: Property Tax

Use the sample property tax statement provided to answer the questions below.

1. List all of the taxes (percent, amount, etc.) found on the statement.

2. Who determines the amount of each tax?

3. Where does revenue from this tax go? What does it fund?

Part Five: Summary and Analysis

Write a 200-350-word summary below of your findings and what you have learned about how you are taxed.

© 2015. Grand Canyon University. All Rights Reserved.

My Place Market
8888 Anywhere St.

Anytown, Phoenix. AZ 85044

S-426 R-2 T-1125 TARA SALE

108500000 Jewelry 3.00
108500000 Jewelry 5.99

SUBTOTAL 8.99
TAX TOTAL 0.77

TOTAL 9.76

CASH 20.00
CHANGE DUE 10.24

Number of Items Purchased: 2

Thank You! Please come again
Become a fan on Facebook.

Return Policy on back of receipt

Michael C. Sample
Account Number: 1234567890t

Billing Date: 7/19/14
Due Date: 8/9/14

Page 1 of 2

City of Anytown
City Services Bill

The 2016 Anytown Water Quality Report is available online at Anytown.
gov/waterqualityreport.

If your curbside trash or recycling container is broken complete our
online form at Anytown.gov/publicworks or call 602-999-1234 to request
a new one.

City Services Statement as of 7/21/2015

Previous Balance $59.94
Payments Recieved – Thank You -59.94
Balance Forward 0.00
Current Charges 68.09

Total Amount Due $68.09

Unpaid Balance $0.00

Current Charges Due 8/9/2014 68.09

TOTAL DUE $68.09

Service Address: 1234 ANYSTREET RD. PHOENIX, AZ 85000
Meter

Number
Previous Meter Read Current Meter Read Water Used in

Billing CycleDate Reading Date Reading

12345678 6/18/2014 1749 7/19/2014 1761 12 Units 8976 Gallons

1 unit = 745 gallons

10,000-
8,000-
6,000-
4,000-
2,000-

JUL AUG SEPT OCT NOV DEC JAN FEB MAR APR MAY JUN

Your Monthly Water Usage (gallons)

Please detach and return the portion below with your payment

nLast Year oCurrent Year

Water/Sewer Service from 6/18/2014 to 7/19/2014
Water Base Fee $4.36
Water Usage Fee 7.54
Environmental Mandates – Water 4.56
City Services Tax 1.50
Sewer Fee 15.89
Environmental Mandates – Sewer 3.62
State Mandated Jail Costs 1.00
City Sales Tax 0.97
State and Other Taxes 1.80

Subtotal $41.24

Solid Waste Service from 6/18/2014 to 7/19/2014
Refuse $26.80
State Landfill Disposal Fee 0.05

Subtotal $26.85

Water/Sewer Services: (602) 252-6251
Solid Waste: (602) 262-7251
TDD: (602) 534-1113
To Pay Online: www.anytown.gov

CITY OF ANYTOWN PAYMENT INSTRUCTIONS
Please make checks payable to City of Anytown.
Do not send cash through the mail.
Please write account number on check.

A Late Fee will be applied if payment is
received after the Due Date.

Account Number: 1234567890

Amount Paid

$
Project Assist Donation $ ___________

SN 0020130128 RT# 000001075 AN 91234567890000 TC 039100

002013012891234567890000120910030000006809000000000000000000000000000000000

Sample, Michael C.
1234 W. ANYSTREET RD.
ANYTOWN, AZ 85000-123456

SEND PAYMENTS TO:
City of Anytown
P.O. Box 29100
Anytown, AZ 85038-9100

PARCEL/ACCOUNT # 123-45-678
Property taxes are mailed once a year. If you change mailing
address, pay off a Mortgage that pays your taxes or purchase
after the cut off, you may not receive a bill. It is important to

update your mailing address with the Treasurer’s Office because
taxes are due even if a bill is not received.

http://treasurer.anywhere.gov
(602) 999-9999

PARCEL/ACCOUNT # 123-45-678
Property Address: 1234 E ANY ST
LEGAL DESCRIPTION SEC/LOT 7 TWN/BLK 1 RNG/TR

Property address is provided by the Anywhere County Assessor’s Office

Own several properties?
Bulk payments may be your answer. Visit http://treasurer.anywhere.gov to
learn more about making payments on-line.

Learn how your tax dollars are spent!
More detailed information is available at http://treasurer.anywhere.gov.
View our tax bill on-line, and find information about how your property taxes
are allocated.

View a map of delinquent parcels
Check your property on our map! The map highlights properties that are be-
hind in their taxes. It will also help you check to see if there are any “orphan”
parcels associated with your real estate. Visit http://treasurer.anywhere.gov.

Your 2015 Property Tax Summary for Parcel # 123-45-678

Limited Value (Primary
Full Cash Value (Secondary)

2014 Ratio
17 , 100

. 100

17 , 100 . 100

Assessed
17 , 110
17 , 110

2015 Ratio
16 , 984 . 100

Assessed

1 , 698

Previous Year Total $165.44 Total 2015 Assessed Taxes $172.04

Chuck Thompson
ANYWHERE COUNTY

TREASURER
888 S. JEFFERSON ST. – Room 100

ANYTOWN, AZ 85003—2199

ANYWHERE COUNTY
CONSOLIDATED

2015 PROPERTY TAX
STATEMENT

So we can provide you with more of
the information you want regarding

your property taxes see detailed
information on other side.

JOHN DOE
1234 E ANY ST
ANYTOWN, AZ 85003

PRIMARY LIMITED VALUES (PRI)
TYPE LIMITED RATIO ASSESSED
Land/Building
Personal Property
Exemption
Primary Tool

16 , 984

0

16 , 984
. 100
. 100
. 100

1 , 698
0
0

1 , 698

AREA CODE: 011300
SECONDARY FULL CASH VALUES (SEC)

TYPE FULL CASH RATIO ASSESSED
Land/Building
Personal Property
Exemption
Secondary Tool
SPECIAL DISTRICT (VALUE/ACRES/SQ FT) = ASSESSED DIST #

A = ACRES, S = SQUARE FEET, D = DOLLAR ASSESSMENT

Rate/100 2014 Amount 2015 Amount Change

ANYTOWN ELEMENTARY
ANYTOWN ELEMENTARY BONDS
ANYTOWN ELEMENTARY OVERRIDES
ANYTOWN HIGH SCHOOL
ANYTOWN HIGH SCHOOL BONDS
ANYTOWN HIGH SCHOOL OVERRIDES
COMMUNITY COLLEGE DIST
COMMUNITY COLLEGE DIST BONDS
STATE EQUALIZATION TAX

STATE AID
ELDERLY ASSISTANCE
TOTAL FOR SCHOOLs/EDUCATION

PRI
SEC

SEC
FRI
SEC
SEC
PRI
SEC
PRI

PRI
PRI

C
D
D
C
D
D
C
D
A

G
H

4.2665
1.6079
1.13127
3.5951
.8485
.5135
1.2628
.2312
.5054

CREDIT
CREDIT

67.51
26.05
21.29
58.43
12.38
8.19
21.93
4.04
8.70

31.48-
94.44-
102.60

72.46
27.31
22.28
61.05
14.40
8.72
21.44
3.93
8.58

39.60-
93.90-
106.67

+7.3%
+4.8%
+4.7%
+4.5%
+16.3%
+6.5%
-2.2%
-2.7%
-1.4%

CITY OF PHOENIX
VOTER-APPROVED CITY BONDS

TOTAL FOR GENERAL COUNTY

PRI
SEC

E
D

1.3414
.4766

23.16
7.97

31.13

22.78
8.13

30.91

-1.6%
+2.0%

GENERAL COUNTY FUND

TOTAL FOR GENERAL COUNTY

PRI B 1.3699

22.59

22.59

23.11

23.11

2.3%

FLOOD CONTROL OF ANYTOWN CITY
CENTRAL AZ WATER CONSV DIST
FIRE DISTRICT ASSISTANCE TAX
LIBRARY DISTRICT
ANYTOWN SPECIAL HEALTH DIST.
ANYTOWN SPECIAL HEALTH DIST. BONDS

TOTAL FOR SPECIAL DISTRICTS

SEC
SEC
SEC
SEC
SEC
SEC

B
A
B
B
F
D

.1592

.1400

.0116

.0556

.1943

.1078

2.38
2.40
0.20
0.96
3.18
0.00

9.12

2.70
2.38
0.20
0.94
3.30
1.83

11.35

+13.4%
-0.8%
0.0%
-2.1%
+3.8%
0.0%

GRAND TOTAL 165.44 172.04 +4.0%

COMPANY NAME EARNINGS STATEMENT
Sample Company Name, Sample Address, 95220

EMPLOYEE NAME
Sample Name

SOCIAL SEC. ID
XXX-XX-3432

EMPLOYEE ID
44234

CHECK NO.
48869

PAY PERIOD
1/29/16-2/11/16

PAY DATE
2/12/16

INCOME

REGULAR

RATE

15.00

HOURS

80

CURRENT TOTAL

1200.00

DEDUCTIONS

FICA MED TAX

FICA SS TAX

FED TAX

STATE TAX

CURRENT TOTAL

17.40

74.40

150.10

24.00

YEAR-TO-DATE

52.20

223.20

450.30

72.00

YTD GROSS
3,600.00

YTD DEDUCTIONS
797.70

YTD NET PAY
2,874.30

CURRENT TOTAL
1,200.00

CURRENT DEDUCTIONS
265.90

NET PAY
934.10

COMPANY NAME EARNINGS STATEMENT
Sample Company Name, Sample Address, 95220

EMPLOYEE NAME SOCIAL SEC. ID EMPLOYEE ID CHECK NO. PAY PERIOD PAY DATE

Sample Name XXX-XX-3432 44234 48869 1/29/16-2/11/16 2/12/16

INCOME RATE HOURS CURRENT TOTAL DEDUCTIONS CURRENT TOTAL YEAR-TO-DATE

REGULAR 15.00 80 1200.00 FICA MED TAX 17.40 52.20

FICA SS TAX 74.40 223.20

FED TAX 150.10 450.30

STATE TAX 24.00 72.00

YTD GROSS
3,600.00
YTD DEDUCTIONS
797.70
YTD NET PAY
2,874.30
CURRENT TOTAL
1,200.00
CURRENT DEDUCTIONS
265.90
NET PAY
934.10

COMPANY NAME EARNINGS STATEMENT
Sample Company Name, Sample Address, 95220
EMPLOYEE NAME SOCIAL SEC. ID EMPLOYEE ID CHECK NO. PAY PERIOD PAY DATE
Sample Name XXX-XX-3432 44234 48869 1/29/16-2/11/16 2/12/16
INCOME RATE HOURS CURRENT TOTAL DEDUCTIONS CURRENT TOTAL YEAR-TO-DATE
REGULAR 15.00 80 1200.00 FICA MED TAX 17.40 52.20
FICA SS TAX 74.40 223.20
FED TAX 150.10 450.30
STATE TAX 24.00 72.00
YTD GROSS
3,600.00
YTD DEDUCTIONS
797.70
YTD NET PAY
2,874.30
CURRENT TOTAL
1,200.00
CURRENT DEDUCTIONS
265.90
NET PAY
934.10