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Taxation Learning Objectives Students will be able to Identify the government s sources of tax revenue Explain that government uses tax money to provide certain goods and
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REVIEW the answers to the Review Activity if you wish CLOSE by asking students to review the items they shared at the start of class Were any items wrong right close
A tax on the production or sale of certain products such as alcohol and tobacco Income Social Security Medicare Taxes Jake got his paycheck today He worked 40
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The government owns and offers all goods and services and decides what those goods and services will cost Mixed Economy market economy in which the government owns
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Taxation Learning Objectives Students will be able to Identify the government s sources of tax revenue Explain that government uses tax money to provide certain goods and
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Income tax a tax you pay on money you receive from various sources like a job or investments you make corporate income tax a tax on profits made by
Taxation Learning Objectives Students will be able to Identify the government s sources of tax revenue Explain that government uses tax money to provide certain goods and
Income tax a tax you pay on money you receive from various sources like a job or investments you make corporate income tax a tax on profits made by
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