The standard Tax Day would usually be this week. But, thanks to a government extension we all have another month to file. As adults we often dread “tax day.” We sometimes forget what the taxes are used for – and how they benefit our day-to-day lives.
In this Seven Figures – Seat at the Kids Table podcast segment, we asked kids if they paid taxes and what they thought about them. It’s a subject many adults do not discuss much, let alone kids. But it is an important topic to help them understand why taxes exist, and that they do serve a purpose for us all on a local and national level.
Have you ever discussed taxes with your kids? Have your kids ever asked about them when out shopping together? If so, what did you tell them?