What are the main types of taxes?

Reading a City Budget explains three. An income tax is taken from money people earn at their jobs, a sales tax is added to the price of many items, and a property tax is based on the value of homes and land.

How do you read a budget pie chart?

Each slice shows what percent of the whole budget goes to one service. To find the dollars for a slice, multiply the total budget by the percent written as a decimal. For Oakdale's $50 million budget, the 40% slice for schools is $20 million.

6th Grade Business and Taxes Worksheets

Ages 11-12 · Free previews · Print-ready PDFs

Written by Adi Ackerman, Head Teacher

Businesses compare what they earn with what they spend, and governments collect taxes to pay for shared services. These business and taxes worksheets hold 2 6th grade sheets, each with an answer key. Profit, Loss and Break-Even uses a bake sale and a student council car wash to find revenue, profit or loss and a break-even number. Reading a City Budget explains income, sales and property taxes, then has students turn the percents on a pie chart for Oakdale, a fictional city, into dollars.

6th Grade Social Studies Economics and Money Business and taxes Clear All

Profit, Loss and Break-Even

Grade6th Grade

TopicEconomics and Money

Reading a City Budget

Grade6th Grade

TopicEconomics and Money

More economics and money worksheets

Explore all of our 6th grade economics and money worksheets, covering needs, wants and choices, supply and demand, goods, services and trade, personal finance, and more.

Needs, wants and choices Supply and demand Goods, services and trade Personal finance Economic systems and inflation

Frequently Asked Questions

Divide the costs by the price of one item. If the answer is not a whole number, round up, because you cannot sell part of an item. On the car wash page, $45 of costs at $7 per car means 7 cars must be washed.

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