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					                     Taxation, Fairness, and Impact of Taxes
                                    pp. 292-301

1) Since no one likes paying taxes, cite and explain two reasons why governments
   impose taxes on their citizens.
2) Fairness in taxation & “who should pay taxes”
   a) Explain the benefits-received principle and provide an example.
   b) Explain ability to pay principle and provide an example.
3) Explain how taxes affect different income groups:
   a) Progressive taxes & provide an example
   b) Regressive taxes & provide an example
   c) Proportional taxes & provide an example
4) The federal government is currently running a large budget deficit, propose one tax
   hike that would increase government revenues and explain WHY you selected it.



                     Taxation, Fairness, and Impact of Taxes
                                    pp. 292-301

1) Since no one likes paying taxes, cite and explain two reasons why governments
   impose taxes on their citizens.
2) Fairness in taxation & “who should pay taxes”
   a) Explain the benefits-received principle and provide an example.
   b) Explain ability to pay principle and provide an example.
3) Explain how taxes affect different income groups:
   a) Progressive taxes & provide an example
   b) Regressive taxes & provide an example
   c) Proportional taxes & provide an example
4) The federal government is currently running a large budget deficit, propose one tax
   hike that would increase government revenues and explain WHY you selected it.




                     Taxation, Fairness, and Impact of Taxes
                                    pp. 292-301

1) Since no one likes paying taxes, cite and explain two reasons why governments
   impose taxes on their citizens.
2) Fairness in taxation & “who should pay taxes”
   a) Explain the benefits-received principle and provide an example.
   b) Explain ability to pay principle and provide an example.
3) Explain how taxes affect different income groups:
   a) Progressive taxes & provide an example
   b) Regressive taxes & provide an example
   c) Proportional taxes & provide an example
4) The federal government is currently running a large budget deficit, propose one tax
   hike that would increase government revenues and explain WHY you selected it.

				
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posted:11/27/2011
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