category 1
define public health care
health care paid by taxes
What is taxsion modeling
a policy of a political party or government about what to tax (e.g., incomes, purchases), how much to tax and how to spend taxes
what do taxes pay for in canda
health care, social programs, ect
define health insurance
an agreement by a company to pay for your health services, in exchange for a fee that you pay each month or each year
whats underground econmy
economic activity based on buying and selling products and services illegally
What's a political platform
A political platform describes the official policies of a political party. It reflects a variety of issues, including those linked to social programs and taxation models.
Define goods and services tax
a federal sales tax in Canada
whats tax evation
misrepresenting what you earn to avoid paying taxes
What two ways do we collect taxes in canada
income and property
Define sale tax
tax paid at the time of buying a product or service, and based on a percentage of the price of the product or service
whats the connection between taxation and scoial prgrams
they are connected because when we pay are taxes money will go into social programs
Who decided how are taxes are used
the government decides what the tax money goes into
Define profit
money made from a product or service above and beyond the cost of providing the product or service
how do taxation models refelt vaules ( there are four things)
Jobs and income, individual, taxes, goverement
How are taxes split into social programs and other publicly funded programs
the goverement desides which programs need the money