1. Bell Work What are the 3 types of tax structures? What are the 3 types of tax structures? What 4 characteristics make up a good tax? What 4 characteristics make up a good tax?

2. Bell Work Answers What are the 3 types of tax structures? What are the 3 types of tax structures? What 4 characteristics make up a good tax? What 4 characteristics make up a good tax? Proportional Progressive Regressive Simplicity Efficiency Certainty Fair

3. State and Local Taxes Operating Budget DDDDay-to-day items Salaries Supplies Capital Budget MMMMajor Investment Items Bridge Building

4. * Unlike Federal budgets, state’s operating budget must be balanced.

5. Areas of State Spending Education  Universities  Help local governments Public Safety  State Police  Jails

6. Areas of State Spending Cont… Highways and Transportation Eminent domain – Government buying of private property for public use Public welfare PPPPublic hospitals WWWWater supply/clinics/pollution Arts and Recreation SSSState park SSSState fair Administration SSSState workers

7. State Tax Revenue Sales Tax Sales Tax Income Tax Income Tax

8. Local Government City Tax City Tax Property Tax Property Tax Pays For:  Public Schools  Police  Fire  Public Transportation  Election  Social Services