M ATH P ROJECT Why do I Pay? Kadajiuna Vaughn. H ISTORY OF T AXATION The history of taxation in the...
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Transcript of M ATH P ROJECT Why do I Pay? Kadajiuna Vaughn. H ISTORY OF T AXATION The history of taxation in the...
MATH PROJECTWhy do I Pay?
Kadajiuna Vaughn
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, divides 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 became one of the means of funding the Federal Government. 1
AGREE OR DISAGREE WITH TAXATION?
No because when people tax they have to go thru different situations because of taxes
HAWAII
Hawaii has a sales tax of 4%. They have excess tax to the subject of rent,
medical services, and perishable foods.
CALIFORNIA
The sales tax in California is 8.25% The united states imposed income taxes
intermittently until 1895 when taxes on interest, divides and rents were ruled unconstitutional.
TEXAS
The sales tax of texas is 6.25% Unemployment insurance, social security,
and offers in compromise.
ALASKA
Alaska has a 5% sales tax.
ARKANSAS
The sales tax in Arkansas is 6%.
“There are 6 income tax brackets for Arkansas.”
“If your income range is between $0 and $3,700, your tax rate on every dollar of income earned is 1%.If your income range is between $3,701 and $7,400, your tax rate on every dollar of income earned is 2.5%.If your income range is between $7,401 and $11,100, your tax rate on every dollar of income earned is 3.5%.If your income range is between $11,101 and $18,600, your tax rate on every dollar of income earned is 4.5%.If your income range is between $18,601 and $31,000, your tax rate on every dollar of income earned is 6%.If your income range is $31,000 and over, your tax rate on every dollar of income earned is 7%.”
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