Can't
Taxes give the government money it needs to fund schools and libraries, roads and infrastructure, civil services and some utilities, and almost everything that a government does for its citizens.
The purpose of taxes is to raise revenue to fund government. Money provided by taxation has been used by states and their functional equivalents throughout history to carry out many functions. It is operated by the government itself.
Most dividends are. However, long term capital gains distributions from a mutual fund are capital gains. Liquidating dividends and return-of-capital dividends can be capital gains. And, to make matters more confusing, some dividends, knows as "qualifying dividends," are taxed at long term capital gains rates even though they are not capital gains.
You do pay taxes if you set up a trust fund for someone. Depending on the type of trust, the money can be sheltered in some tax free forms but in general the person receiving the trust fund will eventually pay taxes even on those types of shelters.
Possibly. The IRS has been known to take the position in delinquent tax collection matters that a bookkeeper in this scenario can be held a "responsible person" for payment of employment taxes. If the employment taxes are not paid over to the IRS then the IRS looks to collect the so-called Trust Fund portion of the employment taxes (plus interest and penalties) from anyone they deem a "responsible person". The company bookkeeper is high on the IRS target list of people they try to pin the blame on.
All of the money taxes that is collected from the taxpayers would be a source for the fund. And the source of the fund would be the taxpayers that are paying the money tax to the fund.
Maybe because they are going to be forced to fund abortions.
No just a portion of our taxes go to military funding
advantage-avoid paying interest if the owner takes out a loan hope this at least helps
Income Fund...
Taxes give the government money it needs to fund schools and libraries, roads and infrastructure, civil services and some utilities, and almost everything that a government does for its citizens.
$0 The Permanent Fund Dividend comes from investments, which in turn are funded by taxes on the oil, and not the oil companies.
Any Federal Taxes funds the Active Duty and Reserve and any State taxes fund that States National Guard. So all who pay taxes technically pay or fund the US Military, just as you would fund schools, road repairs or construction, parks and wildlife, bailouts, health care reforms, welfare, Medicare/Medicaid and many others. All soldiers pay taxes so they themselves are paying for themselves.
For the same reason that, even though no one likes taxes, we don't abolish taxes: The revenue is needed to fund various civic operations.
We pay taxes to fund government activities.
no...otherwise everyone with a high net worth would be doing that.
An income fund is defined as a mutual fund that provides a form of income from the investments within the portfolio. This income is primarily in the form of dividends. The fund can hold stocks or bonds or a combination of the two.