Slide 1 Taxes and Spending Chapter 14 Slide 2 What are Taxes? Chapter 14, Section 1 Slide 3 What are Taxes? Taxes are required to pay for local, state, and federal programs…
UNIT 3 MACROECONOMICS Government taxes, spending, fiscal policy, deficits, surpluses, debts TAX STRUCTURES Proportional tax- percentage of income paid in taxes is the same…