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Unearned Income

Published on Nov 18, 2015

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PRESENTATION OUTLINE

UNEARNED INCOME

MONEY RECEIVED FROM SOURCES OTHER THAN A JOB
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PRIVATE SOURCES

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INTEREST

MONEY EARNED ON SAVINGS ACCOUNTS AND OTHER FUNDS
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DIVIDENDS

PORTION OF A COMPANY'S PROFITS GIVEN TO STOCKHOLDERS

OTHER

PENSION, WINNINGS/PRIZES

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TRANSFER PAYMENTS

MONEY AND BENEFITS RECEIVED FROM GOVERNMENT
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WHAT TYPES OF TAXES DO YOU PAY

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DIRECT TAXES

PAID DIRECTLY TO THE GOVERNMENT
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INDIRECT TAXES

CHARGED ON GOODS/SERVICES BOUGHT BY CONSUMER
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TAXES BASED ON CONSUMPTION

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USE TAXES

PAID BY PEOPLE WHO USE CERTAIN GOODS/SERVICES
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EXCISE TAX

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SALES TAX

% ADDED TO PURCHASE PRICE OF GOODS/SERVICES
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TAXES BASED ON INCOME

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TAXES BASED ON WEALTH

HOW DO YOU BENEFIT

FROM PAYING TAXES
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BENEFITS

DIRECT AND INDIRECT
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PUBLIC GOODS/SERVICES ( DIRECT BENEFITS)

INDIRECT BENEFITS

VACCINATIONS, PUBLIC EDUCATION...