answersLogoWhite

0

What do you think will happen if taxes was not collected?

Updated: 8/20/2019
User Avatar

Wiki User

10y ago

Best Answer

I personally think that without taxes the economy would fail due to people constantly saving money. Eventually more money will have to be printed again and again

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What do you think will happen if taxes was not collected?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Who collected the taxes in the medieval times?

the church collected most of the taxes


Who collected taxes for the king in ancient Egypt?

The Chief Collected The Taxes.


Which of following taxes is collected by panchayat?

The Panchayat collected the house taxes that was used for rural development.


What will happen to your taxes when you own a home?

I think you can deduct your property taxes and the interest on your mortgage!


How much slave taxes were collected by the us during slavery?

How much taxes were collected from slavery in the u.s.


What will happen to your income taxes when you own a home?

I think you can deduct your property taxes and the interest on your mortgage!


What were the chaukidari taxes?

Taxes collected to pay the Village Watchmen


What are intrastate taxes?

taxes collected within a state's boundaries.


What intrastate taxes?

taxes collected within a state's boundaries.


Who collected taxes for sultan?

zamindars


Who collected taxes for the sultan?

zamindars


What types of taxes collected by government on the state and federal levels?

The government on both the state and federal levels collects various types of taxes. Some common types of taxes include income taxes, which are collected based on an individual's or business's earnings; sales taxes, which are collected on the purchase of goods and services; property taxes, which are collected based on the value of real estate; and payroll taxes, which are collected from employers and employees to fund social security and Medicare programs. Additionally, governments may also collect excise taxes on specific goods such as alcohol, tobacco, and gasoline.