US Tax Debate  SF 183: Introduction.

Slides:



Advertisements
Similar presentations
Health care financing in South Africa: Key issues.
Advertisements

Health Care Reform SF 183: Introduction. Health Care Reform Health care/insurance industry, Republican leaders: maintain a private system: No Public options.
Chapter 14: Congress, The President and the Budget Politics in Action: The Politics of Budgeting.
BASIC ECONOMICS FOR THE CITIZEN. The ECONOMY - a system by which goods and services are produced, sold, and bought in a country or region. The ECONOMY.
Bill Clinton. Governor of Arkansas Governor of Arkansas 46 years old 46 years old 4 Goals 4 Goals Increase spending on infrastructure Increase spending.
TAXATION. TAXES ‘The only sure thing in life are death and taxes’
Chapter 33 Personal Income Taxes.
GOVT Module 16 Taxes.
Optimism About Retirement
The Politics of Health Care and Population Health
Mr. Sullivan Building Wealth
Garrett Martin and Joel Johnson 1/28/2015
Canada’s mixed economy
LECTURE IX: Stylized Facts of Taxation
Other Federal Taxes GOVT Module 16.
Aliisa, Hennamari & Ella
Chapter 2 Income Sources
TAXES.
Ewww….Taxes Chapter 9.
MEDIA BIAS Partisan? Old days/today…
Fiscal and Monetary Policy
Quiz Answers 1. Discretionary 2. Outlays 3. Social Security 4. Debt
4/2/14 “PEET paragraphs” What do the letters of PEET stand for & what should you be writing for each one in an argumentative paragraph? P = E = T = On.
Chapter 2 Income Sources
Introduction to the Stock Market
a proposal for a socially conscious flat rate tax
Chapter 11 Fiscal policy Economics, 8th Edition Boyes/Melvin.
How to File your taxes!.
Corporate Governance mechanisms and strategies
Tax Lesson 2 YOURLOGO Start Lecture
Taxes and Social Security
Payments Spring 2018, lamc.
Personal Finance Vocabulary Review.
Fiscal Policy: Spending & Taxing
Taxes.
Quick Review of Ch. 17 Money and Banking
Taxes and Fiscal Policy
The Federal Reserve and Fiscal Policy
How Taxes Work Economics.
Monetary policy: gov’t manipulation of the money supply
Social welfare policies
Topic 7: Government Revenue & Spending
Economics Vocabulary.
Canada’s mixed economy
Democrats vs. Republicans
6.1 – Circular Flow of Income
The Government and the Economy
Communism Socialism Laissez Faire Capitalism How the Economy Works
US Tax Debate  SF 183: Introduction.
The Economics of Taxation
Influences on Social and Human Services
November 30, 2017 Taxes.
Taxation in the USA.
Unit 12 Essential Question: Who and what should be taxed?
Taxes, spending, fiscal policy, deficits, surpluses, national debt
Chapter 2 Income Sources
Taxes, spending, fiscal policy, deficits, surpluses, national debt
Principles of Taxation
Taxes and Fiscal Policy
How much do you actually make?
Chapter 1-part 3 Business Taxes.
The outlook for living standards and inequality
Intro to Taxes.
Health Care Reform   SF 183: Introduction.
The Politics of Economic Recovery
Fiscal Policy: Spending & Taxing
Fiscal Policy.
Chapter 14.2 Federal Taxes How do we pay individual income taxes?
US Health Care Reform Debate
MM 2.00 Understand Financial Analysis
Presentation transcript:

US Tax Debate  SF 183: Introduction

US Tax Debate Who has been taxed enough already in the US? Group A: Dominant? Group B: Subordinate? Who are They: Individuals, Families or Companies that earn money through Capital Gains (top 1%) Who Are They: Middle Class: People who get a pay check Pay income taxes (top 10%) Working Class: People who pay taxes Get a tax return (90% of pop.) What do they think: - Lower taxes stimulates the econ - Government wastes taxpayer money

US Tax Debate Group B: Subordinate? Group A: Dominant? Who are They: Individuals, Families or Companies that earn money through Capital Gains (top 1%) Who Are They: Middle Class and Working Class Govt wastes money Private options better What do they think: Favors private options Lower taxes stimulates the economy Government wastes taxpayer money or -Funded public sphere (schools, mass transit, health care, roadways). Which perspective wins in the public mind and in the policy debate?

Regressive Taxes Scale of Government MORE LESS Progressive Taxes Favors private options Lower taxes stimulates the economy Government wastes taxpayer money Scale of Government MORE LESS -Funded public sphere (schools, mass transit, health care, roadways). Progressive Taxes

Regressive Taxes Scale of Government MORE LESS Progressive Taxes Favors private options Lower taxes stimulates the economy Government wastes taxpayer money Scale of Government MORE LESS Progressive Taxes