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Math Project

Why Should I Pay?. Math Project. By: Genesis Torres. History of Taxation. The United States had a few taxes in the earlier history. From 1791 to 1802, the United States government was supported by internal taxes.

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Math Project

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  1. Why Should I Pay? Math Project By: Genesis Torres

  2. History of Taxation • The United States had a few taxes in the earlier history. • From 1791 to 1802, the United States government was supported by internal taxes. • The high cost of the War of 1812, brought the nation’s first taxes on gold, silverware, jewelry, and watches. • The Act of 1864, however, established the office of Commissioner of Internal Revenue.

  3. Agree or Disagree with taxation? • I disagree because taxation makes us pay more money.

  4. California • California tax is 10% • Yes California does income tax

  5. Hawaii • Hawaii tax is 3.4% • Hawaii does not have an income tax rate

  6. Utah • Utah tax rate is 5% • Utah has an income tax rate.

  7. Nevada • Nevada tax rate is 4.97% • Nevada does not levy an individual income tax.

  8. Washington • Washington tax rate is 7.25% • No Washington does not had income tax rate.

  9. Wish List • IPod Touch • Ugg boots • Laptop • Keyboard • Coach sneakers

  10. IPod touch • $299.00 • 7% • Best buy • 299 *.7₊509=$500 • Total cost= $509.5

  11. Ugg boots • $180.00 (Ugg store online) • 10% • 180*.1+180=$198 • Total cost= $198.00

  12. Laptop • $ 499.99 • 4% • 499*.4 +199.6=$698.6 • At best buy. • Total cost=$ 698.6

  13. Keyboard • $199.99 • 5% • 199.99*.5 +99.5=$298.5 • Best buy • Total cost=$ 298.5

  14. Coach sneakers • $ 88.00 • 4% • 88.00*.4 +35.2=$123.2 • Total cost= $123.2 • Dillard’s

  15. References • http://www.boe.ca.gov/sutax/pam71.htm • http://tax.state.nv.us/ • http://www.taxrates.com/sample_hi.htm • http://www.bankrate.com/brm/itax/edit/state/profiles/state_tax_DC.asp • http://www.dillards.com/endeca/EndecaStartServlet?N=1634433&storeId=301&catalogId=663 • http://www.bestbuy.com • http://store.apple.com/us/browse/home/shop_ipod/family/ipod_touch

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