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What if no one paid taxes?
If no one paid taxes then all government spending would be financed solely by the sale of lottery tickets.
Why are taxes needed?
Taxes are needed to make sure that the government has enough funds to operate everything that makes your specific country run.If it were not for taxes, it would be absolute chaos.
Under what circumstances would the government most likely lower taxes?
Consumer spending has decreased recently.
What tax is imposed by the federal government on assets left by an individual at the time of death?
For the estate assets you would have estate taxes.
What do you mean by direct tax and indirect tax give suitable examples also?
A direct tax is tax paid directly to the Government, by a person whom the tax is imposed on. An indirect tax is paid indirectly to the Government, trough a third party.A direct tax would be taxes like income taxes, where a person must personally pay a certain amount to the government. Indirect taxes are taxes such as property, social security, and sales tax, where there price of tax is either deducted from wages or added onto the payment of an item. The indirect taxes are paid the Government by the business that collects the tax.
Under the articles of confederation how would the national government collect money?
A portion of state taxes would go to the Central Government.
Why did some oppose the taxes?
Hamilton wanted national taxes because he wanted to supply the government with additional funds to make interest payments on national debt. Some wanted yo oppose the taxes because they believed Hamilton's plan would make speculators rich, and "establish at the expense of national justice, gratitude, and humanity."
Is government contribution to NPS is taxable?
Please rephrase your question so that I may be of assistance to you. Government funding of most things are not taxable but I don't really know what you mean by NPS. Are you referencing the National Park Service. Funding of Government Agencies such as the National Park Service would not be taxes as the government agency does not pay taxes themselves. Please explain so I can help you.
What did the Framers hope to achieve by establishing a federal system of government Were they successful?
In establishing a federal system of government, the framers hoped to achieve a system whereby power in the country would be shared between the national government and state governments. Opinions vary regarding how successful this has been.
what delineates the power of the national government?
The power would be held by the national government
What would most likely occur if the government's priority was to increase government expenditures?
increase taxesincrease taxesincrease taxes.
Why did the colonies decide the needed a national government in addition to state government?
To regulate Interstate Commerace. The Colonies had high taxes on interstate trade to were many items weren't worth trading for or would have high prices to get.
Who would have the power to regulate the slave trade the national government or the states?
The National Government
In Canada can you pay your taxes in pennies?
In theory, but I don't think the government would be happy with that. The government might not even accept coins for paying taxes.
Why hasn't the US been able to balance it's national budget?
List some examples of government subsidies.
Which action would be a change in the government's fiscal policy?
Which action would be a change in the government's fiscal policy
Federalists were concerned that without a strong national government this would triumph?
Federalists were concerned that a strong national government must exist. They believed without a strong national government anarchy would triumph.
