Microsociety

this week in microsociety we discussed tax and what it pays for in the real world and what we were going to pay some of the civil servants.

On monday we had some time to trade and talk with our businesses of what we want to do and how some people dont have much STOOF left and what we should do about it.

On Friday we discussed what VAT is and what it does. When people pay tax it pays for the wages of the civil servants and the NHS. The goverment keep a bit of money for themselves as well. When you pay for spmething either the tax would already be added onto whatever your buying, or the person at the till would then add the tax on. Also we read the other part of NOTENUF and it was about who pays the taxes.

this week in Microsociety was fun. :)