Know your taxes!

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Since the tax season is over, it is now a good time to actually look at taxes in a peaceful environment. Since they shape our everyday life, it is a good idea to check our understanding and know, what process is behind paying more and earning less. More at http://www.jphbusinesssolutions.com/#!jph-blog/c2na

Business

Since the tax season is over, it is now a good time to
actually look at taxes in a peaceful environment.
Since they shape our everyday life, it is a good idea
to check our understanding and know, what process
is behind paying more and earning less.

A deﬁnition?
• fee that allows government to keep on going
• income stream for any government that helps to
maintain public goods

An approach to
calculations?
• Regressive
• the less you earn, the more you pay
• Progressive
• the more you earn, the more you pay
• Proportional / Flat
• everyone pays the same percentage

Taxes are called an inevitable evil, but there are ways
to make that negative the smallest possible. To
achieve that, which system would you choose?

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Know your taxes!

1. Know Your Taxes! JPH Business Solutions, LLC

2. Since the tax season is over, it is now a good time to actually look at taxes in a peaceful environment. Since they shape our everyday life, it is a good idea to check our understanding and know, what process is behind paying more and earning less.

3. A deﬁnition? • fee that allows government to keep on going • income stream for any government that helps to maintain public goods

4. An approach to calculations? • Regressive • the less you earn, the more you pay • Progressive • the more you earn, the more you pay • Proportional / Flat • everyone pays the same percentage

5. Taxes are called an inevitable evil, but there are ways to make that negative the smallest possible. To achieve that, which system would you choose?

6. Thank you

Know your taxes!

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