In the Start Up: How Much Goes for Taxes? What do you find surprising about these statistics? Make a list of three points that you did not know before you read this list. Save your comments and look for other surprising facts as you read. *
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Why is the power to tax so important that the Constitution lists it first among the powers of Congress? (text 1) *
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How does the tax rate paid by individuals affect the nation’s economy? (Text 1) *
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How does collecting taxes from businesses affect the nation’s economy? (text 1) *
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Summarize: Explain how it is possible for the same corporate profits to be taxed twice. (text 1) *
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Draw Inferences: Why is it important that the Federal Government not be able to tax State governments in the exercise of their proper governmental functions? (Text 1) *
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Suppose that an individual wants to continue earning income but does not want to pay any taxes at the end of the year. How could an individual accomplish this goal? (Text 2) *
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Why can payroll taxes be considered a form of social welfare? (Text 2) *
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How does the power to tax affect the business community? (text 2) *
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How do regressive and progressive taxes affect people of different economic classes? (Text 2) *
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Does it work for government to try to discourage certain behaviors, such as smoking or drinking alcohol, by imposing a “sin tax”? Why or why not? (Text 2) *
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What is the purpose of taxation? *
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If you could change or modify taxes that create revenue for government function what would you change? Feel free to research different ideas about what we should change. *
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What was the most important result of Marshall's decision in McCulloch v. Maryland? (Landmark Supreme Court Case: McCulloch v. Maryland 1819) *