The federal government uses taxpayer's income tax dollars to pay for the government's daily operations and essential government activities. It uses tax.

Slides:

Advertisements

Similar presentations

Types of Taxes.

Advertisements

Jeopardy Tax TypesPayroll TaxDifferences Key Terms Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200 Q $300 Q $400 Q $500 Double Jeopardy Pay Stub.

How Available is Health Care?

How Available is Health Care? Principles of Health Science.

Chapter 25 Section 1: Counties, Towns, and Townships

Today’s Schedule – 11/21 Government Spending PPT Presidential Budget Analysis HW – Read 15.1/15.2.

Government Revenue & Spending. Key Vocab Budget- A plan for saving and spending money Revenue- Money the government collects from taxes Surplus- Having.

WHAT HAPPENED TO MY PAYCHECK?. GROSS PAY (earnings): Taxable income before any adjustments TOTAL COMPENSATION: DIRECT + INDIRECT COMPENSATION DIRECT COMPENSATION:

Taxes and Taxation “In this world, nothing is certain but death and taxes.” Ben Franklin.

International Students & Scholars Who Had No U.S. Income in 2014 Spring 2015 Income Tax Workshop.

Taxes And Spending “In this world, nothing is certain but death and taxes” -Benjamin Franklin.

Taxes © 2013 Created by Sally Camden ~ The Reflective Educator ~

Sources of Federal Revenue Chapter 14 pp

Taxes and the Federal Budget

ECONOMIC POLICYMAKING. Who controls the Economy today? The President AND Congress!

Where Did My Paycheck Go?

Describe the difference between selective and general sales taxes.

Entrepreneurship Taxes. Taxes – Fees charged by the government on products, activities, or income Different types of taxes: – Sales Tax – Excise Tax –

Sales and Income Tax. Sales tax – a tax that is added to the cost of goods or services based on the percentage of the cost. Income tax – A tax that is.

American Recovery and Reinvestment Act Overview Local Government Officials April 8, 2009.

TAX SYSTEM OF USA Made by: AKRAMOVA DILNOZA 3 rd course.

Constitution for the United States of America We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic.

Chapter 14.  The Government’s Authority to Tax  Purpose of Taxation  The Power to Tax ▪ 1 st Power given to Congress  Limits on the Power to Tax ▪

Chapter 14. What does FICA fund? Social Security and Medicare.

Taxes & Government Spending Chapter 14 Section 2 Federal Taxes.

WOW VIII Personal Finance Taxes. Why do we have to pay Taxes?? To pay for Government Services such as: Roads, National Defense, Schools, Law Enforcement,

A case Study about A case Study about Types of Taxes Types of Taxes Prepared & Designed by : Prepared & Designed by : Yousef Lubbad Yousef Lubbad.

Chapter 14: Taxes and Government Spending Section 3

January 6, Twenty-Ten.  What are the restrictions on a tax?  What kind of tax is the Federal Income Tax?  What is an excise tax? Give an example of.

Examine the major social problems that federal welfare programs are designed to alleviate. 1. Poverty: Family of four (2006) 20,614 The official poverty.

Taxes And Spending “In this world, nothing is certain but death and taxes” -Benjamin Franklin 1.

Chapter 14: Taxes and Government Spending Section 2

 Anything Subtracted from your gross income.  Legal allowances that reduce the amount of income taxes subtracted from your gross income.

+ Intro to Taxes. + Federal Income Tax Primary source of income for the federal government This is known as a progressive tax Progressive tax: system.

Taxes and Social Security. Understanding Taxes  Taxes are a form of payment to the government to support government services.  There are three types.

Budget Plan for managing and spending money. Plan for managing and spending money. Governments create budgets to help them make decisions because of limited.

Dictation 2. What state has the most people? California has the most people.

The Economy Ms. Dennis & Mr. Patten Participation in Government.

APRILMAYJUNE JULY AUGUST SEPTEMBER. I Was Recently Asked A Question The Other Day That Was A First For Me And That Was, What Category Of Government Is.

Taxes. The Federal Government Dollar – Where it Comes From.

Chapter 6 Understanding Taxes Philosophies of Taxation –Benefits received Citizens who receive benefits of expenditure should help pay the cost Example:

PAYDAY! “Nothing is certain but death and taxes.” -Benjamin Franklin.

Taxes. Tax - A required payment to a local, state, or national government. Used to pay for the costs of running the government, and the programs, projects,

Yesenia (:. The history of taxation in the United States began when it was composed of colonies ruled by the British Empire, French Empire, and Spanish.

MAY 2010 Jeff Wooten, Ed.D. Superintendent Board Members: Farrell Southern, President Don Pendergrass, Vice President Pam Doyle Mike Elliott Willis Thompson.

Chapter 16 Government Spends, Collects, and Owes.

Starter  How might taxes affect people's desire to work and save?  What goods and services do taxes make available?

Taxes and Government Spending Chapter 14. What are taxes? »A required payment to a local, state, or federal government »Becomes government revenue.

Why Should I Pay?.  It started in the American Colonies when the Revolutionary war began.

Economics 9-1 The Economics of Taxation Pages

Chapter 14 Taxes and Government Spending. Section 1: What are Taxes? Tax: required payment to a local, state, or national government What is tax money.

STANDARDS 1.4.3, Local and State Governments.

Class Presentation Sources of State Revenue. Georgia Performance Standard SS8E4  The student will identify revenue sources for and services provided.

Taxes & Government Spending Chapter 14 Section 2 Federal Taxes.

CHAPTER 22 TAXES AND GOV’T SPENDING. Federal Gov’t We authorize the federal government, through the Constitution and our elected representatives in Congress,

Sales and Income Tax. Sales tax – a tax that is added to the cost of goods or services based on the percentage of the cost. Income – wages earned from.

Texas Revenues I April 26, State and Local Tax Burden Texans pay taxes not just to the state government but to cities, counties, school districts,

Do Now What are some strengths/weaknesses of your city? Think of its government if you can…

Friends of Public Health Inc. Incorporated September 2004.

Taxes in the USA. To tax is to impose a financial charge upon a taxpayer by state. Failure to pay is punishable by law. Taxes consist of direct tax (income.

“In this world, nothing is certain but death and taxes”

Other Federal Taxes GOVT Module 16.

“In this world, nothing is certain but death and taxes”

(Dollars in Thousands)

Madison/Limestone County Education Tax Allocation

Chapter 14 – Public Policy in Texas

Unit 5: Fiscal and Monetary Policy

Do Now Write out the three branches of Minnesota state government.

Larimer 101 Property Taxes The Larimer County Treasurer’s Office

Presentation transcript:

The federal government uses taxpayer's income tax dollars to pay for the government's daily operations and essential government activities. It uses tax dollars to fund social welfare programs, such as Social Security, Medicaid and Medicare benefits. Read more: What Do My Federal Tax Dollars Pay for? | eHow.com Do My Federal Tax Dollars Pay for? | eHow.com

The Texas state sales and use tax rate is 6.25%, but local taxing jurisdictions (cities, counties, special purpose districts, and transit authorities) may...

Florida's sales and use tax rate is 6%. Discretionary sales surtax (also

Listed below are the state sales tax rates that were in effect starting in July The state of Arkansas has a 6.0% sales tax, with an exemption

Ohio Department of Taxation. September 20, Adams. 7.0%. Columbiana. 7.0%. Total State and Local Sales Tax Rates, By County. Effe

Jul 12, The general sales tax rate is 5% (4% state tax and 1% local tax).... personal prop

The federal government uses taxpayer's income tax dollars to pay for the government's daily operations and essential government activities. It uses tax dollars to fund social welfare programs, such as Social Security, Medicaid and Medicare benefits. Read more: What Do My Federal Tax Dollars Pay for? | eHow.com tax-dollars-pay-for_.html#ixzz187JxfuLzWhat Do My Federal Tax Dollars Pay for? | eHow.com tax-dollars-pay-for_.html#ixzz187JxfuLz