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Math Project

Math Project. http://frugaldad.com/2010/03/01/what-does-your-tax-money-actually-pay-for/. Why Should I Pay? INCOME SECURITIES MEDICAL COUNTRY AND NEIGHBORHOOD DEFENSE EDUCATION RUNNING THE GOVERNMENT MISCELLANEOUS EXPENSES. History of Taxation.

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Math Project

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  1. Math Project http://frugaldad.com/2010/03/01/what-does-your-tax-money-actually-pay-for/ Why Should I Pay? INCOME SECURITIES MEDICAL COUNTRY AND NEIGHBORHOOD DEFENSE EDUCATION RUNNING THE GOVERNMENT MISCELLANEOUS EXPENSES

  2. History of Taxation • In the Middle East, rulers collected the money from taxation to pay for the cost needed in building public artifacts like monuments and temples. Some of the money was used to finance warfare. Taxation originated there and was spread around the world. Taxation was only stopped during peaceful times. When another war came along, it was brought back again. Biblical accounts tell that people were expected to turn in 1/10 of their crops to the king to be spent on helping the poor people. In England, an attempt was made in 1404 to collect real taxes based on the people's wages. However, the public refused the proposal and the method was repealed. Tax records were burned. The first development of modern income tax occurred on 1719 in England. This tax was used to finance warfare against France during the Napoleonic Wars. This helped Britain and its other European allies win in 1815. After the war, the people again demanded its repeal and so it was in 1816. The tax records were again burned for the second time.

  3. Agree or Disagree with taxation? • Disagree with taxation because they went to war because of all the taxing.

  4. Arkansas • Sale tax rate 6.0%

  5. Florida • Sales tax rate of 6%

  6. Hawaii • Sales tax is 4%

  7. Louisiana • Sale tax is 4.0%

  8. Texas • Tax rate is 6.25%

  9. ps3 Where to purchase: Walmart Cost: 299.00 Tax:6% = 17.94 Total cost: $317.94

  10. droid • Where to purchase: Verizon • Cost of dorid: 149.99 • Tax:6%=8.94 • Total cost:$158.93

  11. Bb guns • Where to purchase: wal mart • Cost: $29.97 • Tax:6%=1.80 • Total cost:$31.77

  12. Shoes • Where to purchase: Champs • Cost:109.99 • Tax:6%=$6.60 • Total cost:$116.59

  13. Gum • Where to purchase: dollar store • Cost:99 • Tax:6%=5.94 • Total cost:$104.00

  14. Ps3 games • Where to purchase: wal mart • Cost:$59.99 • Tax:6%=$3.60 • Total cost:$63.59

  15. References • www.walmart.com • www.champs.com • www.google.com • www.verizon.com

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