Khan Academy | Local taxes | Taxes and tax forms | Financial Literacy | Khan Academy @khanacademy | Uploaded August 2024 | Updated October 2024, 6 days ago.
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khanacademy.org/college-careers-more/financial-literacy/xa6995ea67a8e9fdd:taxes-and-tax-forms/xa6995ea67a8e9fdd:what-are-taxes/v/local-taxes
Local taxes include sales taxes and property taxes to fund community services. Sales taxes are added to the price of items you buy and collected at stores. Property taxes are based on the value of your home or land and are usually paid annually.

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