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What does the government use the tax that it receives from consumers and produces for?
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What government receives money from the national government?
Tax
What is the process by which individuals have their federal income tax collected?
1. the employer withholds estimated taxes 2. the taxpayer files a tax return the government receives a tax payment or gives a tax refund 3. the government receives a tax payment or gives a tax refund
When a government's spending equals the tax revenues it receives?
smoke
When a government spends more than the tax revenues it receives?
Deficit A+ the government will have a surplus
A tax placed on an import or export?
Tax is placed on both import and export.The government which receives the tax may be different for export and import.
A US company produces products that it sells both in the US and overseas Which level of government may tax the company?
Local, state, and national government may tax the company.
A US company produces products that it sells both in the US and overseas. Which level of government may tax the company?
Local, state, and national government may tax the company.
Where would one view their credit mortgage?
The credit mortgage is what the tax payer receives from the government so that they can get a tax credit from the recent tax season. They will receive a part of the mortgage interest.
What suggestions did the populists make for expanding the power of the government?
the government could adopt a graduated income tax,make loans to farmers,protect consumers from unsafe products,and form a monetary system plan
What is the order of process by which individuals have their federal income tax collected?
1.The employer withholds estimated taxes. 2.The taxpayer files a tax return. 3.The government receives a tax payment or gives a tax refund.---------(>'-')>
disadvatage of sales tax?
A sales tax is a certain percentage of tax imposed by the government on the sales of goods and services. As per the law, a seller can collect some amount of sales tax from the consumers they are selling goods and services to. The sales tax does not produce any revenue to the seller. However, a seller is responsible to collect sales tax from consumers and pass it to the official authorities.
Is the money a president receives after his term is over paid by American tax payers?
Yes. The government has no other source of money.
