1. Unit 3: State & NC
Taxes

2. What We Pay It’s important to participate in govt
We help to support the govt by paying taxes
Receive services as a result
Property Tax
Tax on real estate
Corporate Income Tax
Tax on the profits of businesses
Personal Income Tax
Tax on individual earnings
Sales Tax
Tax on sale of most goods & services
Estate Tax
Tax on estate of someone who died
Excise Tax
Tax on production or sale of certain goods & services (beer/wine, gas, cigs, pop…)

3. What We Pay States gain revenue ($) from ppl in other ways
Fines, licenses, permits, user fees, disposal fees (leaving trash)
States also get $ from fed govt
Usually grants that don’t have to be repaid
Intergovernmental revenue - $ from local, state, & govt sources

4. Benefits & Consequences of Freedom
Self-determination: ppl can work for & live the lives they want
Ability to make choices:
Political choices & political activism
Economic choices – determine socioeconomic status
Legal choices – to obey the law & take legal action
Justice
Consequences:
“Freedom is not free”
Accountability & responsibility

5. Public Policy
Citizens can affect public policy by being active in govt & being informed
Voting
Local initiative – begin a movement to pass a law
Petition
Referendum – form of initiative; having the ppl vote on a law
Recall elections – way to remove elected officials if ppl are not satisfied

6. Being Informed & Knowing the Law
An informed citizenry is impt to democracy
Ppl need to know the law – “Ignorance of the law is no excuse”
Ways to be/keep informed:
Town meetings – any meeting of a local/municipal body
Public forums
Public hearings