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What types of taxes are collected by federal and state government?
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How do US citizens pay for services such as police and firefighters and public schools?
State taxes, including - but not limited to - state income taxes, sales taxes, property taxes, etc. Some money collected by the federal government through federal taxes will also be returned to the state.
What is federal revenue?
AnswerTaxes, taxes and more taxes
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.
Where does the US government get the money to pay representatives and senators?
From taxes collected by the federal government.
Which of the following statements about taxes is false?
Taxes are collected at the local, state and federal level
Which of the following is generally paid for with taxes collected by the federal government?
military programs
How often are corporate income taxes collected by state and federal governments?
never
Why does the state government receive all of their money from the federal government?
The state governments do not receive all their money from the Federal government. The majority of their funds come from state income taxes, property taxes and sales taxes.
Does taxes collected from Walmart in the states go to Arkansas?
There are a wide variety of taxes imposed at both the federal and the state level. Not all taxes collected from Walmart or its customers go only to the State of Arkansas. Federal taxes paid by Walmart go to the national government, while state taxes go to the state the store is in. The headquarters of Walmart, stationed in Bentonville, Arkansas, pays its state taxes to Arkansas. Just because the headquarters is located in a particular state does not mean all taxes paid by individual stores and outlets go to that state.
What percentage of federal government revenue was collected from corporate income taxes in 2001?
32%
What are federal estate taxes?
Federal state taxes are taxes to be paid to the federal government on owned property. Theses taxes are to be paid once a year.
Who is federal tax paid to?
Federal taxes are collected by the US government directly, or through the states on some purchases and fees.
