{"id":121,"date":"2010-08-19T10:45:00","date_gmt":"2010-08-19T16:45:00","guid":{"rendered":"http:\/\/opengecko.com\/igcse-economics\/2010\/08\/19\/taxation\/"},"modified":"2012-10-02T09:36:45","modified_gmt":"2012-10-02T15:36:45","slug":"taxation","status":"publish","type":"post","link":"https:\/\/opengecko.com\/geckoview\/igcse-economics\/taxation\/","title":{"rendered":"Taxation"},"content":{"rendered":"<p>The syllabus requires that you able to do the following:<\/p>\n<blockquote><p>describe the types of taxation (direct, indirect, progressive, regressive, proportional) and the impact of taxation;<\/p><\/blockquote>\n<p><span style=\"text-decoration: underline;\">Direct versus Indirect<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>Compare these two definitions:<\/p>\n<p><a title=\"http:\/\/en.wikipedia.org\/wiki\/Direct_tax\" href=\"http:\/\/en.wikipedia.org\/wiki\/Direct_tax\">http:\/\/en.wikipedia.org\/wiki\/Direct_tax<\/a><\/p>\n<p><a title=\"http:\/\/en.wikipedia.org\/wiki\/Indirect_tax\" href=\"http:\/\/en.wikipedia.org\/wiki\/Indirect_tax\">http:\/\/en.wikipedia.org\/wiki\/Indirect_tax<\/a><\/p>\n<p>Can you explain the difference between direct and indirect tax with example taxes?<\/p>\n<p><span style=\"text-decoration: underline;\">Progressive, Regressive, and Proportional Tax<\/span><\/p>\n<p>ONE Massachusetts demonstrates the different types of taxes:<\/p>\n<p><object width=\"425\" height=\"344\" classid=\"clsid:d27cdb6e-ae6d-11cf-96b8-444553540000\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=6,0,40,0\"><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><param name=\"src\" value=\"http:\/\/www.youtube.com\/v\/OsGd6FWnY_0?fs=1&amp;hl=en_GB&amp;rel=0&amp;color1=0x234900&amp;color2=0x4e9e00\" \/><param name=\"allowfullscreen\" value=\"true\" \/><embed width=\"425\" height=\"344\" type=\"application\/x-shockwave-flash\" src=\"http:\/\/www.youtube.com\/v\/OsGd6FWnY_0?fs=1&amp;hl=en_GB&amp;rel=0&amp;color1=0x234900&amp;color2=0x4e9e00\" allowFullScreen=\"true\" allowscriptaccess=\"always\" allowfullscreen=\"true\" \/><\/object><\/p>\n<p><span style=\"text-decoration: underline;\">The arguments surrounding and Impacts of these types of taxes (<span style=\"text-decoration: underline;\">Progressive, Regressive, and Proportional)<\/span><\/span><\/p>\n<p>An argument in favour of Progressive Taxes by David Cay Johnston:<\/p>\n<p><object width=\"450\" height=\"278\" classid=\"clsid:d27cdb6e-ae6d-11cf-96b8-444553540000\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=6,0,40,0\"><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><param name=\"src\" value=\"http:\/\/www.youtube.com\/v\/yghZjv8AI40?fs=1&amp;hl=en_GB&amp;rel=0&amp;color1=0x234900&amp;color2=0x4e9e00\" \/><param name=\"allowfullscreen\" value=\"true\" \/><embed width=\"450\" height=\"278\" type=\"application\/x-shockwave-flash\" src=\"http:\/\/www.youtube.com\/v\/yghZjv8AI40?fs=1&amp;hl=en_GB&amp;rel=0&amp;color1=0x234900&amp;color2=0x4e9e00\" allowFullScreen=\"true\" allowscriptaccess=\"always\" allowfullscreen=\"true\" \/><\/object><\/p>\n<p>&nbsp;<\/p>\n<p>An argument against progressive taxes by Mike Huckabee:<\/p>\n<p><object width=\"450\" height=\"278\" classid=\"clsid:d27cdb6e-ae6d-11cf-96b8-444553540000\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=6,0,40,0\"><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><param name=\"src\" value=\"http:\/\/www.youtube.com\/v\/gm4YG-xhLpM?fs=1&amp;hl=en_GB&amp;rel=0&amp;color1=0x234900&amp;color2=0x4e9e00\" \/><param name=\"allowfullscreen\" value=\"true\" \/><embed width=\"450\" height=\"278\" type=\"application\/x-shockwave-flash\" src=\"http:\/\/www.youtube.com\/v\/gm4YG-xhLpM?fs=1&amp;hl=en_GB&amp;rel=0&amp;color1=0x234900&amp;color2=0x4e9e00\" allowFullScreen=\"true\" allowscriptaccess=\"always\" allowfullscreen=\"true\" \/><\/object><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"text-decoration: underline;\">Specific Examples of Taxation<\/span><\/p>\n<p>This <a href=\"http:\/\/www.youtube.com\/user\/mjmfoodie\"><strong>mjmfoodie<\/strong><\/a> video includes specific examples of US taxes, then a section on how taxes relates to the government&#8217;s budget (which is worth understanding in general terms) and finally a section reviewing the general types of taxes.<\/p>\n<p><object width=\"425\" height=\"344\" classid=\"clsid:d27cdb6e-ae6d-11cf-96b8-444553540000\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=6,0,40,0\"><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><param name=\"src\" value=\"http:\/\/www.youtube.com\/v\/lafDykKJ_9I?fs=1&amp;hl=en_GB&amp;rel=0&amp;color1=0x234900&amp;color2=0x4e9e00\" \/><param name=\"allowfullscreen\" value=\"true\" \/><embed width=\"425\" height=\"344\" type=\"application\/x-shockwave-flash\" src=\"http:\/\/www.youtube.com\/v\/lafDykKJ_9I?fs=1&amp;hl=en_GB&amp;rel=0&amp;color1=0x234900&amp;color2=0x4e9e00\" allowFullScreen=\"true\" allowscriptaccess=\"always\" allowfullscreen=\"true\" \/><\/object><\/p>\n<p>A good overview of different taxes (some of which is a little complex):<\/p>\n<p><a title=\"http:\/\/lhepburn.com\/team\/work\/media\/Economics\/notes\/ch14\/ch14.swf\" href=\"http:\/\/lhepburn.com\/team\/work\/media\/Economics\/notes\/ch14\/ch14.swf\">http:\/\/lhepburn.com\/team\/work\/media\/Economics\/notes\/ch14\/ch14.swf<\/a><\/p>\n<p>Another complex web page (at times) which is aimed at education higher than IGCSE but includes some very useful info on this topic:<\/p>\n<p><a title=\"http:\/\/tutor2u.net\/economics\/revision-notes\/a2-macro-direct-indirect-taxation.html\" href=\"http:\/\/tutor2u.net\/economics\/revision-notes\/a2-macro-direct-indirect-taxation.html\">http:\/\/tutor2u.net\/economics\/revision-notes\/a2-macro-direct-indirect-taxation.html<\/a><\/p>\n<p><span style=\"text-decoration: underline;\">Testing Your Understanding<\/span><\/p>\n<p>A &#8216;tic tac toe&#8217; game which puts some of the above to the test but you may also need to use your common sense and a bit of guesswork. Play as two people.<\/p>\n<p><span style=\"font-size: medium;\"><a href=\"http:\/\/www.econedlink.org:8001\/lessons\/flash_lessons\/370\/em370_TicTacTaxes.swf\" target=\"_blank\">Tic Tac Taxes<\/a><\/span><\/p>\n<p>Use this interactive activity to classify different examples of taxes (US based):<\/p>\n<p><a href=\"http:\/\/www.reffonomics.com\/TRB\/chapter23\/FiscalPolicy\/typesoftaxesinteractive3b.swf\" target=\"_blank\">Taxes by reffonomics<\/a><\/p>\n<p>Another interactive quiz:<\/p>\n<p><a href=\"http:\/\/www.dineshbakshi.com\/worksheet-flashpaper\/grade_taxation.swf\" target=\"_blank\">Grade or No Grade &#8211; Taxes &#8211; by Dinesh Bakshi<\/a><\/p>\n<p>Although aimed for A Level (higher qualification than IGCSE) this is an excellent summary of the main points regarding tax:<\/p>\n<p><a href=\"http:\/\/www.businessstudiesonline.co.uk\/AsA2BusinessStudies\/TheoryNotes\/2871\/3Hr\/FlashPaper\/06%20Taxation.swf\" target=\"_blank\">Taxation by busniesstudiesonline<\/a><\/p>\n<p>A discussion on different taxes \u2013 this is quite a complex discussion at times \u2013 how much of it do you understand having studied the above?<\/p>\n<p><object width=\"450\" height=\"362\" classid=\"clsid:d27cdb6e-ae6d-11cf-96b8-444553540000\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=6,0,40,0\"><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><param name=\"src\" value=\"http:\/\/www.youtube.com\/v\/X7NWDP--LNU?fs=1&amp;hl=en_GB&amp;rel=0&amp;color1=0x234900&amp;color2=0x4e9e00\" \/><param name=\"allowfullscreen\" value=\"true\" \/><embed width=\"450\" height=\"362\" type=\"application\/x-shockwave-flash\" src=\"http:\/\/www.youtube.com\/v\/X7NWDP--LNU?fs=1&amp;hl=en_GB&amp;rel=0&amp;color1=0x234900&amp;color2=0x4e9e00\" allowFullScreen=\"true\" allowscriptaccess=\"always\" allowfullscreen=\"true\" \/><\/object><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The syllabus requires that you able to do the following: describe the types of taxation (direct, indirect, progressive, regressive, proportional) and the impact of taxation; Direct versus Indirect &nbsp; Compare these two definitions: http:\/\/en.wikipedia.org\/wiki\/Direct_tax http:\/\/en.wikipedia.org\/wiki\/Indirect_tax Can you explain the difference between direct and indirect tax with example taxes? Progressive, Regressive, and Proportional Tax ONE Massachusetts&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[307],"class_list":["post-121","post","type-post","status-publish","format-standard","hentry","category-igcse-economics","tag-role-of-government"],"_links":{"self":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts\/121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/comments?post=121"}],"version-history":[{"count":3,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts\/121\/revisions"}],"predecessor-version":[{"id":1053,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts\/121\/revisions\/1053"}],"wp:attachment":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/media?parent=121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/categories?post=121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/tags?post=121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}