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A Plan where the government pays out more money than it takes in with taxes is called?
"A plan where the government pays out more money than it takes in with taxes"
Why should citizens be responsible for government?
because the government takes all the money
How do taxes affect the US government?
it takes our money
What goal does the government pursue in a socialist economic system?
Socialism has no government and no economy: production for use, no wages or prices, just people co-operating for the common good.
Are the present wages earned by professional athletes in the NFL appropriate?
well actually if the players werent payed then you wouldn't have the nfl because most players will quit, but also the given to the players also takes the money away from the government
What is comunisum?
comunisum is when a country is ruled by the government and the people give there money to the government and the government takes care of its people
What is a taxation?
When the government takes money from your income to pay debts and construction: taxes.
What is a plan in which the government cannot spend more money than it takes in called?
I'm sorry, I just know what term is used to define when a government IS spending more money that it takes in, it's called deficit spending.
Can a judge garnish your wages in Texas?
No, only the federal government can garnish your wages.
Can your wages be garnished if you are on government assistance?
If you have a job on top of the assistance, that money can be garnished. Anything you might get back for income tax refund can be taken also. The government assistance can't be garnished.
What role does government play in the circular flow of income?
Governments take part of household incomes in the form of taxes, but they also inject money back into households in the form of wages. Some of that money goes back to the government in the form of taxes
How is socialism similar to capitalism?
Both are modes of production, but other than that they have nothing in common. Socialism has no classes, no money, no wages system, production form use, no government.
