ethans+home+work

what i would spend 8 million dollars on...

i would put 3 million dollars in the bank. and i would give my sister, dad, nanna and mum $250,000 each. i would sponsor 4 world vision children and buy 50 specially marked packs of vicks vapor drops to immunize 50 children. I would buy my dad a 250,000 dollar Porsche 956. i would get my mum a 10 carat diamond for 50 grand. i would buy sister Mia a room full of build a bears. and i would get myself a 1.5 million dollar Bugatti veyron and a Ferrari Dino. i would share 1 million dollars with my other family. and i would give 450 grand to the class and 50 grand to my friend Jesse from outside the classroom. i would take my family to a nice restaurant and stay there until late. i would buy mum and dad tickets to America so they could feel young again. and i would give my nanna and my mums brothers and sisters tickets to Italy. the rest i would give to lachie.

affect and effect home work

effect is a noun

e.g Ethan singing had an effect on his mum. the effect will take place soon

affect is a verb e.g the planes delay will start to affect us soon

what is tax?

there are many different types of taxes. super tax, health tax and income tax.

the most commonly known tax (and most annoying) is income tax. income tax is a portion of your yearly wage that you give to the government. you don't have to pay income tax if you earn under 6000 dollars a year.

the least creative tax. health tax... you do not have to pay health tax if you have health insurance. so get health insurance!

the most helpful tax. super tax

super tax may seem pointless while you are young but when you are older you will get all of that money back. like an enormous tax return.

another well known tax is goods and services tax. or GST for short. you pay a little a bit of extra money when you by stuff. that little bit of extra money is used to pay the suppliers.

taxes are annoying but helpful over the long term. it will all pay off one day

i got a lot of this info from. www.ato.gov.au