Here is last years report. (source: http://www.warresisters.org/pages/piechart.htm) More details and how %'s were determined there.
its borrowing money to invest in the Stock Market
Countries invest the money they collect in taxes into the national, public services and national public infrastructure of the country. Italy is no different.
YES. Banks were using depositors' money to invest in the stock market. When the market crashed everything vanished.
Most of our tax dollars, and borrowing money from other countries.
Merchants raised money to invest in exploration by holding raffles and contests in parts of Europe. Some merchants set up street markets as well as their established buildings to make extra money for exploration.
The purpose of this tax is to invest this collected money to improve the condition of roads.
Tax-exempt money market funds invest in municipal securities with short maturities
There are, but you must carefully watch out for those weasel words "tax free." A tax free fund may still be taxable at the State or local levels. Be absolutely sure what you invest in is what you want.
Invest in tax exempt municipal bonds. Work oversea/out of country...in another that won't tax you...generally communist ones.
You should invest in your company's 401(k) retirement plan. These are tax deferred investment accounts that allow you to earn income tax deferred. You can also invest in your IRA for additional tax deferred growth.
The tax rate for the capital gains tax will wholly depend on the person's assets and the type of investment. It can be wise to invest even if you are still making money, but your best bet would be to talk to a finacial advisor about your options.
a decrease in the amount of money collected
You! The tax money.
No. The US owes money to the UK, but it is part of its national debt, and not a 'tax', which the UK has no power to impose on the US.
No. If you look at your appropriate tax prep forms, there are separate sections for filling in money earned from self-employment and investment income.
By putting money into an individual retirement account, you can reduce the amount of tax you pay for invested money. Instead of being taxed, the money put into the IRA is reinvested for more growth.
It comes from the US Treasury (i.e., it is the tax payers money)