Taxes

Vertical Available, Demo Only

Taxes

tax (from the Latin taxo) is a compulsory financial charge or some other type of levy imposed upon a taxpayer (an individual or other legal entity) by a governmental organization in order to fund various public expenditures.[1]A failure to pay, along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labour equivalent.

Most countries have a tax system in place to pay for public, common or agreed national needs and government functions. Some levy a flat percentage rate of taxation on personal annual income, but most scale taxes based on annual income amounts. Most countries charge a tax both on corporate income and dividends. Countries or subunits often also impose wealth taxes, property taxes, sales taxes, value-added taxes, payroll taxes or tariffs.

Highland Park

Highland Park is an affluent suburban city in Lake County, IllinoisUnited States, about 25 miles (40 km) north of downtown Chicago. As of the 2010 census, the population was 29,763.[1] Highland Park is one of several municipalities located on the North Shore of the Chicago metropolitan area.Highland Park has several attractions including a vibrant downtown shopping district and the Ravinia Festival. Ravinia Festival is an open-air pavilion seating 3,200, which hosts classical, pop and jazz concerts in the summer. It has been the summer home of the Chicago Symphony Orchestra since 1936. Concert-goers can purchase seats in the covered pavilion or tickets to sit on the lawn. Many visitors arrive early and picnic on the lawn before and during the concerts.[4] The Ravinia Festival is located in the Ravinia District, originally an artists’ colony which still retains much of its early character and architecture.

Highland Park has several landmark structures listed in the National Register of Historic Places, notably the Willits House by Frank Lloyd Wright. In addition to several houses designed by Wright, the National Register lists homes designed by prominent architects including John S. Van BergenHoward Van Doren ShawRobert E. Seyfarth, and David Adler. Landscape architect Jens Jensen lived in Highland Park and designed a number of projects in the community that are listed on the register.