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Yes. All US citizens, including the President, pay taxes exactly the same way.
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∙ 15y ago
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What are federal estate taxes?
Federal state taxes are taxes to be paid to the federal government on owned property. Theses taxes are to be paid once a year.
Is congress paid by the federal gov or state capitols?
Members of Congress are paid by the federal government. The salaries of members of Congress are determined by law and are paid out of the federal treasury.
What line on 1040A is total federal tax paid?
The total Federal Tax paid is the sum of the federal taxes that you have payed either through payroll deductions or estimated taxes that you have paid to the federal government or others that have paid federal taxes to your benefit, for that particular tax year.
Who pays the Congresspersons' salaries?
Congress' salaries are paid for from the general revenues collected by the federal government. Since the United States only collects revenues (taxes) through various income taxes (including the withholdings for Medicare and Social Security), Congress is in effect paid by taxpayers.
Can federal taxes paid in 2007 for tax year 2006 be deducted for 2007 taxes?
No. Federal taxes are never deductible from Federal taxes! (Even if you paid them the year they were due. Certainly paying them in a later year won't produce a benefit).
Who do you pay your taxes to?
Federal taxes are paid to the Internal Revenue Service.
Are federal taxes paid as a business expense?
No
How can Congress use taxes to show authority?
The congress can use taxes to show authority by reviewing the taxes paid. They can either review the taxes upwards or downwards.
Currently individuals and business pay taxes directly to the federal government in the early years of your country?
taxes were paid to the states who, in turn, paid the federal government.
Can you deduct the interest paid on state taxes on your federal income taxes?
yes
Which payroll taxes are paid by the employer only?
Federal & State Income taxes
What is the average federal taxes paid per person?
4600
