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

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Presentation on theme: "TAXES CHANGE BEHAVIOR. 1.PAY FOR THE COST OF GOVERNING WHAT ARE THE FUNCTIONS OF TAXATION?"— Presentation transcript:

1 TAXES CHANGE BEHAVIOR

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

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

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

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

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

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

8  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

9 MAINTAINING THE LEGAL AND SOCIAL FRAMEWORK

10 PROVIDING PUBLIC GOODS AND SERVICES

11 MAINTAINING COMPETITION

12 REDISTRIBUTING INCOME

13 CORRECTING FOR EXTERNALITIES

14 STABILIZING THE ECONOMY


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