Presentation Transcript

1. Math Project

   Genesis and Yesenia (:
2. History of Taxation The history of taxation in the United States began when it was composed of colonies ruled by the British Empire, French Empire, and Spanish Empire. After independence from Europe the United States collected poll taxes, tariffs, and excise taxes. The United States imposed income taxes intermittently until 1895 when unapportioned taxes on interest, dividends and rents were ruled unconstitutional. The advent of the 16th Amendment to the United States Constitution modified the apportionment requirement in 1913, and since then the income tax has become one of the means of funding the Federal Government.
3. Agree or Disagree with taxation? Yesenia- Agree ,cause they go to schools & to hospitals. Genni-Disagree cause they don’t help our parents and they make them pay more!
4. California At 8.25%, California has the highest minimum state sales tax in the United States, which can total up to 10.75% with local sales tax included.[32] Partly this rate compensates for the much reduced property taxes brought on by Proposition 13. Sales and use taxes in the state of California are collected by the publicly elected Board of Equalization, whereas income and franchise taxes are collected by the Franchise Tax Board. The statewide 8.25% is allocated as:[3
5. Hawaii Hawaii does not have a sales tax per se, but it does have an gross receipts tax (called the General Excise Tax) which applies to nearly every conceivable type of transaction (including services), and is technically charged to the business rather than the consumer. Hawaii law allows business to pass on the tax to the consumer in similar fashion to a sales tax.
6. Maine Maine has a 5% general, service provider and use tax.[72] The tax on lodging and prepared food is 7% and short term auto rental is 10%. These are all generally known as "sales tax".
7. Texas The Texas state sales and use tax rate is 6.25%, but local taxing jurisdictions (cities, counties, special purpose districts, and transit authorities, but specifically not including school districts) may also impose sales and use taxes up to 2% for a total of 8.25%.[115] The main items exempt from sales tax include medicines (prescription and over-the-counter), food and food seeds (but prepared food, such as from a restaurant, is subject to sales tax)
8. Virginia Virginia has a sales tax rate of 5.00% (4% state tax and 1% local tax). Consumers are taxed on every 'eligible food item.' For example, fresh local produce sold at farmers markets and grocery stores, or basic, unprepared cold grocery foods, are taxed 2.5% (1.5% state tax and 1% local tax).[124] Cities and counties may also charge an additional "Food and Beverage Tax" on restaurant meals, up to an additional 4% in counties and 6.5% in cities.
9. Wish List Cell phone laptop I pad I pod camera
10. “Wish list “ item 1 Ipod: 214.99 Best buy 15.4$ 230$ goggle/bestbuy.com
11. “Wish list “ item 2 Laptop:1,499$ Applemac.com 109. Is the tax 1,599 total cost Google/applemac.com
12. “Wish list “ item 3 Iphone 4 Att.com/buy 199$
13. “Wish list “ item 4 I pad 449.99 122 tax Mac.com 578 total Google/mac.com