revenue
revenue.
They remove money from you, (it is another word for taxes).
If more money is spent than earned or taken in then the person or government is broke and have no money. No taxes=no money for services.
Income Tax is a tax based on the amount of money earned.
You GIVE taxes to the government. The money comes from what you've earned. You can also GET your taxes back in certain situations like, if you're a student in school.
revenue
revenue.
Sounds like a description of levies, or taxes.
They remove money from you, (it is another word for taxes).
Levies are sums of money, similar to a tax, which are added to the purchase price of an object or service. ...
The same way it gets money to pay for anything else: 1) Borrowing 2) Taxes 3) User fees, fines, levies
If more money is spent than earned or taken in then the person or government is broke and have no money. No taxes=no money for services.
Yes the money you've earned will be taxed when you spend it.
it only has value because the government says it does
Fiat money is the term used to describe money that has it's value determined by the law or government. This means that most currencies are fiat money as most currencies are government issued.
Tax law requires the payment of money to the government; there is no choice.
Most of our tax dollars, and borrowing money from other countries.