1. Personal Finance: An Integrated Planning Approach Winger & Frasca Chapter 4 Taxes http://www.prenhall.com/winger/ 2. Major Topics Determining Your Federal Income Tax…

1. In your notes: Page 416-417 • Graph our orenz curve • A problem? • Compare to page 418 2. Short Quiz1. Which country has a more equal distribution of wealth? 2.…

1. Bellringer on your ½ sheet 2. “In this world nothing can be said to be certain, except death and taxes.” Benjamin Franklin 3. US Federal Tax Rates: (only 3 % of…

Slide 1 1 - 1 ©2005 Prentice Hall, Inc. An Introduction to Taxation Chapter 1 Slide 2 1 - 2 ©2005 Prentice Hall, Inc. What is a Tax? A forced payment made to a governmental…

Slide 1 Tax Forms & Deductions Slide 2 Net Income vs. Gross Income Gross income is the total amount a worker is paid before any required or voluntary deductions are made.…

Slide 1 1 Georgia’s New Child Support Guidelines* Income Shares *Effective Date is July 1, 2006 Slide 2 2 Purpose Captures actual child-rearing expenses at various levels…

PowerPoint Presentation Try Again Wrong answer. Click here for a hint. http://www.youtube.com/watch?v=nf3FHCB9hiY 27 What You Will Learn Be Able to: Identify Sources of Income…