TAXES CHANGE BEHAVIOR - PowerPoint PPT Presentation

taxes change behavior n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
TAXES CHANGE BEHAVIOR PowerPoint Presentation
Download Presentation
TAXES CHANGE BEHAVIOR

play fullscreen
1 / 16
TAXES CHANGE BEHAVIOR
211 Views
Download Presentation
emmly
Download Presentation

TAXES CHANGE BEHAVIOR

- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

  1. TAXES CHANGE BEHAVIOR
  2. WHAT ARE THE FUNCTIONS OF TAXATION? PAY FOR THE COST OF GOVERNING
  3. WHAT ARE THE FUNCTIONS OF TAXATION? 2. INFLUENCE CONSUMER AND BUSINESS SPENDING
  4. WHAT ARE THE FUNCTIONS OF TAXATION? 3. REDISTRIBUTE WEALTH
  5. WHAT ARE THE FUNCTIONS OF TAXATION? 4. PROTECT DOMESTIC JOBS AND INDUSTRIES
  6. WHAT ARE THE FUNCTIONS OF TAXATION? 5. ENCOURAGE POSITIVE BEHAVIOR AND DISCOURAGE NEGATIVE BEHAVIOR
  7. TYPES OF TAXES INCOME TAX PAYROLL DEDUCTIONS EXCISE TAX SALES TAX CAPITAL GAINS TAX PROPERTY TAX ESTATE TAX TARIFF SURCHARGE IMPACT FEE USAGE FEE TOLLS
  8. PRINCIPLES OF TAXATION ABILITY TO PAY PRINCIPLE: THE MORE YOU ARE ABLE TO PAY IN TAXES THE MORE YOU SHOULD PAY BENEFITS RECEIVED PRINCIPLE: ONLY THOSE PEOPLE WHO BENEFIT FROM THE TAX MONEY RAISED SHOULD HAVE TO PAY THE TAX
  9. BURDEN OF TAXATION PROGRESSIVE: WEALTHY TAXPAYERS PAY A GREATER PERCENTAGE THAN PEOPLE WITH MORE MODEST INCOMES. PROPORTIONAL: EVERY TAXPAYER PAYS THE SAME PERCENTAGE REGARDLESS OF THEIR INCOME. REGRESSIVE: EVERY TAXPAYER PAYS THE SAME AMOUNT OF TAX REGARDLESS OF THEIR INCOME. WEALTHY INDIVIDUALS PAY A SMALLER PERCENTAGE OF THEIR INCOME THAN POORER INDIVIDUALS.
  10. THE ECONOMIC FUNCTIONS OF GOVERNMENT MAINTAINING THE LEGAL AND SOCIAL FRAMEWORK PROVIDING PUBLIC GOODS AND SERVICES MAINTAINING COMPETITION REDISTRIBUTING INCOME CORRECTING FOR EXTERNALITIES STABILIZING THE ECONOMY
  11. MAINTAINING THE LEGAL AND SOCIAL FRAMEWORK
  12. PROVIDING PUBLIC GOODS AND SERVICES
  13. MAINTAINING COMPETITION
  14. REDISTRIBUTING INCOME
  15. CORRECTING FOR EXTERNALITIES
  16. STABILIZING THE ECONOMY