Alicia Lamon, Haley Bunn. History of Taxation Taxes, coming from the Latin word taxo, are financial charges or a levy on a tax payer. They are given by.

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Taxes are what we pay for civilized society Oliver Wendell Holmes Jr., 1904.

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Presentation transcript:

Alicia Lamon, Haley Bunn

History of Taxation Taxes, coming from the Latin word taxo, are financial charges or a levy on a tax payer. They are given by the state or the functional equivalent of a state. Taxes have been around for many centuries, but they started in Ancient Egypt about 3000 BC. The Pharaoh went to everyone and collected money from them. But taxes showed up more so in early America then 3000 BC. It first started with Molasses tax in 1764 and later became known as the sugar act.

Agree or Disagree with taxation?  We both agree, because it’s helping us get out of debt as a country. Also the people that do pay taxes wouldn’t get income-tax from the state at the beginning of every year.

State 1 Alaska- is the only state that not collect state sales taxes. Every thing is already high because it has to be imported from different countries. Alaska gets their money from petroleum or oil. At the beginning of every year children as well as adults get money from the PFD (permanent fund corporation). Alaska uses their money for necessities.

State 2 Colorado gets an income tax of 4.62% and their sales tax rate is 2.9%. They gets their money from live stalk and farming. They raise cattle, sheep, they get dairy, and they grow wheat, hay, corn and sugar beets.

State 3 Oklahoma has sales they use tax to help use revenue for there state and local governments. Businesses need to register with the Oklahoma Tax Commission to get a tax permit. Oklahoma's tax rate is 4.5%

State 4  Montana does not have a state sales tax rate. Currently its tax rate is 0.0%  I believe that Montana gets there money from the Rocky Mountains.  Yes it does have a state income tax.

State 5  Washington's sales tax rate is 9.5%  Yes it does have a state income tax.

Wish List  IPod  I phone  Laptop  Eclipse book(twilight)  Boots

“Wish list “ item 1  iPod

“Wish list “ item 2  Boots  $150

“Wish list “ item 3

“Wish list “ item 4

“Wish list “ item 5

References      