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GOV-260-AnalyzingTaxWorksheet.docx

GOV-260: Analyzing Taxes Worksheet

Part One: Taxes

Examine the specific taxes listed below. Identify what each tax is intended to fund and who determines the tax rate. The first row has been filled out as an example.

Tax	Funds	Governmental Body Responsible for Rate of Taxation
Example: AZ Gasoline Tax	Highways	State of Arizona
Arizona State Sales Tax
Phoenix City Sales Tax
Maricopa County Sales Tax
School District Property Tax
School District Property Tax (Bonds/Overrides):
County Property Tax
Arizona State Income Tax

Part Two: Sales Tax

Examine the newest sales tax receipt for a purchase in Phoenix, Maricopa County located in the assignment. Based on the information provided on the receipt please answer the following questions.

1. Total sales tax paid:

2. Amount of sales tax assessed by the State of Arizona:

3. Amount of sales tax assessed by the City of Phoenix:

4. Amount of sales tax assessed by Maricopa County:

Part Three: Payroll Statement Review

Review the attached payroll statement. Based on the statement, how much tax was collected by the State of Arizona? Describe the difference between Arizona State Income tax and Arizona State Sales tax. Once you have described each tax, add your personal opinion regarding the positive or negative nature of state income and sales tax to all citizens.

Part Four: Utility Bill Review

Based on the sample utility bill included in the assignment, what is the total amount of taxes paid and the total amount of fees paid by the customer? Also, explain the difference between an imposed fee and a tax. Finally, clarify who determines if utility fees may be increased by this sample utility company?