1 / 9

The Government, Taxation, & Economic Activity

The Government, Taxation, & Economic Activity. CE.13C. Question. How does the government influence economic activity?. Economic Activity. The government taxes, borrows, and spends to influence economic activity. Government Tax Cycle.

kina
Télécharger la présentation

The Government, Taxation, & Economic Activity

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Government, Taxation, & Economic Activity CE.13C

  2. Question • How does the government influence economic activity?

  3. Economic Activity • The government taxes, borrows, and spends to influence economic activity.

  4. Government Tax Cycle • Government tax increases reduce the funds available for individual and business spending; tax decreases increase funds for individual and business spending.

  5. Government Borrowing • Increased government borrowing reduces funds available for borrowing by individuals and businesses; decreased government borrowing increases funds available for borrowing by individuals and businesses. • US Debt- http://www.usdebtclock.org/

  6. Government Spending • Increased government spending increases demand, which may increase employment and production; decreased government spending reduces demand, which may result in a slowing of the economy.

  7. Government Spending • Increased government spending may result in higher taxes; decreased government spending may result in lower taxes.

  8. The 16th Amendment • The 16th Amendment to the Constitution of the United States of America authorizes Congress to tax personal and business incomes.

  9. Review • Describe the impact of taxation, including an understanding of the reasons for the 16th Amendment, spending, and borrowing.

More Related