TAXES CHANGE BEHAVIOR. 1.PAY FOR THE COST OF GOVERNING WHAT ARE THE FUNCTIONS OF TAXATION?

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Presentation transcript:

TAXES CHANGE BEHAVIOR

1.PAY FOR THE COST OF GOVERNING WHAT ARE THE FUNCTIONS OF TAXATION?

2. INFLUENCE CONSUMER AND BUSINESS SPENDING WHAT ARE THE FUNCTIONS OF TAXATION?

REDISTRIBUTE WEALTH 3. REDISTRIBUTE WEALTH WHAT ARE THE FUNCTIONS OF TAXATION?

4. PROTECT DOMESTIC JOBS AND INDUSTRIES WHAT ARE THE FUNCTIONS OF TAXATION?

5. ENCOURAGE POSITIVE BEHAVIOR AND DISCOURAGE NEGATIVE BEHAVIOR NEGATIVE BEHAVIOR WHAT ARE THE FUNCTIONS OF TAXATION?

 INCOME TAX  EXCISE TAX  SALES TAX  CAPITAL GAINS TAX  PROPERTY TAX  ESTATE TAX  TARIFF  SURCHARGE  IMPACT FEE  USAGE FEE  TOLLS TYPES OF TAXES

 MAINTAINING THE LEGAL AND SOCIAL FRAMEWORK  PROVIDING PUBLIC GOODS AND SERVICES  MAINTAINING COMPETITION  REDISTRIBUTING INCOME  CORRECTING FOR EXTERNALITIES  STABILIZING THE ECONOMY 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