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What else can I help you with?
Does income tax money go to the federal reserve?
Not all income tax goes to the Federal reserve but all money that goes to the Federal reserve comes from income tax.
What percent of the money you earn goes to government?
As per Tax slabs defined by Income Tax Department the percentage of salary goes to Government.
What does the IRS do with income tax money?
I think it all goes to the deficit
Where does the money from tax go?
It depends on the locality. In many U.S. states, some of the money goes to education.
How do libraries make money?
Libraries make money because some of the tax you pay goes to them. They also get money from donations.
Where does your tax money go?
It goes to the government, police stations, or fire departments.
How much tax money from consumer goods goes to the government?
All tax money (however you want to define it), from consumer goods (however you want to define it), goes to the or a government. Aee related question link below
How much of New Zealand tax payers money goes on prisons?
Very little. Most money goes into turning residents into tax debt slaves. Who needs walls when you can be put to work building a bigger government.
Explain why tax revenue changes when the economy goes into a recession?
Tax revenue changes when the economy goes into a recession. When there is a recession, the government increases tax revenue. The government does this because less people are spending money.
Role of accounting department?
The role of the accounting department is very important because they document the money that goes out and the money that goes in. They also handle payroll and tax deductions.
What happens to your net pay if your tax code goes up or down?
It goes up or down corespondingly to your tax code. If Tax goes up, net pay as a percentage of your income goes down. In reality, tax codes only go up when you earn more money therefore although you are paying more in taxes your net pay still goes up.
What type of tax is a sales tax-?
Learn what sales tax is and find out many of the different types that you may pay. Discover where all that money goes and how it is used to offer.
