Loading presentation...

Present Remotely

Send the link below via email or IM


Present to your audience

Start remote presentation

  • Invited audience members will follow you as you navigate and present
  • People invited to a presentation do not need a Prezi account
  • This link expires 10 minutes after you close the presentation
  • A maximum of 30 users can follow your presentation
  • Learn more about this feature in our knowledge base article

Do you really want to delete this prezi?

Neither you, nor the coeditors you shared it with will be able to recover it again.


Tax Base and Tax Rate

No description

Grace Ackerman

on 20 May 2016

Comments (0)

Please log in to add your comment.

Report abuse

Transcript of Tax Base and Tax Rate

Tax Base and Tax Rate
Section 12.3
By- Gabi Sleeman
Grace Ackerman
Molllie Halberg
Important Dates
April 15 - Everyone has to turn in their taxes by this date!
113 Days - Tax Freedom Day.
most citizens make enough income to pay off all their taxes for the year
Fun Fact: 1/3 of all income goes to taxes.
All taxes consist of two elements:
tax base
and the
tax rate
TAx BAse

Tax Rate
The good/Thing which is taxed.
Ex- personal income, goods, property
the percentage of one´s income, or value of a good, service, or asset that is paid in tax
Taxes originate from their tax base
income tax is from personal income.

Examples - Personal income or property
if the tax rate is
and the then the taxed individual will have to pay an amount
to 20% of their income

What is the meaning behind TAX freedom day?
IF someone pays a Property tax, what is their tax base?
Full transcript