Ch 46: Holt McDougal Economics Chapter 14.1: How Taxes Work

About This Chapter

The How Taxes Work chapter of this Holt McDougal Economics Companion Course helps students learn the essential lessons associated with taxation. Each of these simple and fun video lessons is about five minutes long and is sequenced to align with the How Taxes Work textbook chapter.

How It Works:

  • Identify the lessons in the Holt McDougal How Taxes Work chapter with which you need help.
  • Find the corresponding video lessons with this companion course chapter.
  • Watch fun videos that cover the taxation topics you need to learn or review.
  • Complete the quizzes to test your understanding.
  • If you need additional help, rewatch the videos until you've mastered the material or submit a question for one of our instructors.

Students will learn about:

  • The benefits-received and ability-to-pay taxation principles
  • What the major tax structures are
  • Various kinds of sales taxes
  • The tax structure that income tax falls under
  • Property taxes and how they're calculated
  • Ways that the government uses tax dollars

Holt McDougal is a registered trademark of Houghton Mifflin Harcourt, which is not affiliated with Study.com.

8 Lessons in Chapter 46: Holt McDougal Economics Chapter 14.1: How Taxes Work
Test your knowledge with a 30-question chapter practice test
Benefits-Received Principle of Taxation: Theory & Analysis

1. Benefits-Received Principle of Taxation: Theory & Analysis

Ever wish that you only had to pay taxes for benefits that you actually used? Benefits-Received Taxation is a theory that advances such a belief, and it actually exists.

Ability-to-Pay Principle of Taxation: Theory & Analysis

2. Ability-to-Pay Principle of Taxation: Theory & Analysis

Governments impose taxes to pay for their operations and state services. But how do governments decide how to use a system of taxation to charge taxpayers for those services? One of the most common theories of how people should pay taxes is the ability-to-pay theory of taxation.

Criteria for Taxation: Equity, Simplicity & Efficiency

3. Criteria for Taxation: Equity, Simplicity & Efficiency

Few words can cause political differences to seem so alive as the word 'taxation'. However, as this lesson shows, chances are that someone's simple solution isn't so simple after all.

Progressive Tax: Definition, Structure & Example

4. Progressive Tax: Definition, Structure & Example

In this lesson, you'll learn about progressive tax. We'll discuss an example of a progressive tax, income tax. Then we'll explore who collects income tax and the purpose for imposing the tax.

Sales Tax: Definition, Types, Purpose & Examples

5. Sales Tax: Definition, Types, Purpose & Examples

Learn what sales tax is and get information about many of the different types that you may pay. Discover where all that money goes and how it is used to offer services that you benefit from every day.

Property Taxes: Calculations & Rates

6. Property Taxes: Calculations & Rates

Depending on where you live, the property taxes for houses are calculated differently. Watch this video lesson to see how the calculations are made based on some example rates.

Tax Structures: Types & Concept

7. Tax Structures: Types & Concept

Governments can use different tax structures to collect revenue. In this lesson, you'll learn about three major tax structures that governments employ. You'll also have a chance to reinforce your knowledge with a short quiz.

How the Government Uses Taxes & Subsidies

8. How the Government Uses Taxes & Subsidies

This lesson will explain how the government uses tax revenue. It will also discuss the purpose of subsidies, as well as public services and infrastructure.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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