Question: New Jersey, Camden County Identify a social benefit program in your local community or state. Provide an explanation of taxation across all 3 levels of
New Jersey, Camden County
Identifya social benefit program in your local community or state.
Provide an explanation of taxation across all 3 levels of government, focusing on your local community and state by explaining the following:
- Tax rates and how the rates are calculated
- Differences between federal, state, and local tax rates
- The tax system in place for each level of government
- How taxes are collected and paid for by taxpayers
Providean assessment of how these tax plans can impact the social benefit program you focus on specifically. Answer the following:
- In what ways do taxes benefit the program at the federal, state, and local levels of government?
- What are the positive and negative benefits of taxation for the program?
- What types of taxes are collected from taxpayers and employees, and do these taxes affect the program?
- If you could change the current tax system to encourage more social benefit programs, what changes would you recommend, and why? Would your recommendations provide equity and efficiency for the proposed tax system or just efficiency? Explain why.
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