Sources of revenue in Georgia

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Prepared by Charlie Cook The University of West Alabama © 2009 South-Western, a part of Cengage Learning Taxes: Assignments Chapter 11.
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Presentation transcript:

Sources of revenue in Georgia Georgia State Revenue Sources of revenue in Georgia ______________________ means incoming money. The largest source of revenue in Georgia is _______________. ___________________ are taxes levied (raised) from individuals who own property. Usually administered at the local level. _______________________ taxes are a fixed amount placed on certain items like gasoline, alcohol, and tobacco. ____________________________ is a tax taken from the revenue of a business. The corporation must pay _____ % of its revenue in taxes. _____________ are a form of non-tax revenue that are collected in places like state parks. The __________________________ is a non-tax source of revenue that MUST be used on education. It makes up about 5% of the revenue. __________________ taxes come from people who work in Georgia. It’s _________________, which means the more money you make, the larger percent you pay in taxes. _____________________ are taxes placed on items you purchase. Georgia has a _____ sales tax. ______________ governments may add more of these taxes.

Georgia State Revenue Category % of Funds Examples