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Economics 9-1

Economics 9-1. The Economics of Taxation Pages 223-229. Economics 9-1 The Economics of Taxation. Pages 223-229. ESSENTIAL QUESTION : Why should people pay taxes in proportion to the benefit that they receive? Why should people be taxed based on their ability to pay taxes?

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Economics 9-1

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  1. Economics 9-1 The Economics of Taxation Pages 223-229

  2. Economics 9-1The Economics of Taxation Pages 223-229 • ESSENTIAL QUESTION: • Why should people pay taxes in proportion to the benefit that they receive? • Why should people be taxed based on their ability to pay taxes? • How do the three types of taxes affect people with different income levels?

  3. The Economics of TaxationPages 223-229 GPS STANDARDS: SSEPF3- Explain how changes in government monetary and fiscal policy can have an impact on an individual’s spending and saving choices. b.) Define ( and explain the impact) of progressive, regressive, and proportional taxes c.) Explain how an increase in sales tax affects different income groups

  4. Figure 9.3 The Economics of TaxationPages 223-229

  5. p. 223-229

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