Taxes - How Does The Government Spend Money?

- K-12 Education = $9,232
- Public Welfare = $6,758
- Health & Hospitals = $4,939
- Higher Education = $4,527
- Governmental Administration = $1,940
- Highways = $2,765
- Housing, Community Development, Sewerage, Solid Waste = $2,684
- Natural Resources,
Parks & Recreation = $1,604
- Interest on General Debt = $1,844
- Correction = $1,355
- Police & Fire Protection = $2,169
- Other = $4,544
- Total = $44,360


Most of the goverment's money goes out to help us such as aid for police and fire department.

Saving and Debt

People now days can't save too much money because of the fact that the credit cards have a high interest percentage rate. When you make a late payment in a credit card bill, you will be charged more than you were suppose to pay, therefore the interest rates comes and puts the price higher, and at the end, it's more expensive. That's why most Americans don't get to save anything in an account since they have to pay an interest rate for the credit cards and they get in big debts sometimes, that could even mess up the credit, besides of the fact that when you pay late, your credit score goes lower and then you won't be able to qualify in buying expensive houses or cars.
In other word people spend more then they save but what I think people should do is save a little every night like in a cookie jar.

How Does Goverment Make Money

Explain the different types of taxes Americans pay. How does the federal government get money? How about the state government? And how do local (city) governments get money? Make a chart and track all of the different ways Americans are taxed. Hint - there is more than one!

The different types of taxes we pay are: Direct Taxes on income from work, Indirect taxes on income from work, Taxes on income from capital, Taxes on property, Corporate taxation and Taxes on goods and services. Check the chart on how we pay these taxes here or here <--click Open when new window appears
The State Government, Federal Government and Local Goverment gets money by the taxes we pay. These taxes are called Direct Taxes that are taxes payable on income from work, taxes on income related to work (such as sickness benefits, pensions and parental benefits) and basic pension contributions.

Student Loans - Beware

For some students a student loan can help them with there learning needs The colleges are expensive to study in now in days, and that's one of the reasons why some people don't even apply for one. Some other people that do apply, take student loans and financial aid, in order to study and pay after they get their degrees. This culinary schools takes out so many student loans because some of them have programs really expensive, up to $48,000 for 2 years and some people that apply to these colleges don't come from wealthy families, but some others do. In my opinion this large student loans should be applicable to these people that know they will make a living after studying in college. I think in my life time woudnt take out a loan it too expanse.

Podcast Review

In an other podcast review i'm going to review Lissett Gisela's they podcast had mosty everything that it asked for it defines the GDP and also explain's how its figured and also the trade deficit that it goes through with the exports and the imports. Also the podcast is loud and is very east to listen to it's clear. The images are a little bit of the topic but at some point they came together with their subject.