Monday, December 8, 2008

The Rich Pay alot of Taxes?


Please read the article "The Rich Already Pay Their Fair Share of Taxes" and answer these questions.

1. What percentage of the U.S.'s total income taxes did the richest 1% of taxpayers pay?

2. How do we know that a large percentage of the riches 1% of taxpayers are "new rich"?

3. Use the Internet to research tax rates in other countries. Select two countries and compare their tax rates to the United States.

4. The United Kingdom has something called VAT what does it stand for and explaing what it is.
Can you find a good youtube video to explain VAT?

No comments: