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Why are US citizens required to pay taxes?
The collection of taxes from various sources is what funds the operation of the government.
Where does the city get the money to pay the police department?
From the general revenue from taxes collected from citizens and businesses within the jurisdiction.
During the colonial years citizens were required to in order to earn the right to vote?
Pay Taxes
Are Illinois citizens required to pay income taxes?
Yes, Illinois has a state income tax.
What duties are required do US Citizens have?
Vote, pay taxes, honor and sustain the laws of the land, etc.
What happens when the government raises taxes?
When they raise taxes, people and businesses are required to pay more into the government. By raising taxes, it takes money out of peoples pockets and therefore they and businesses have less to invest. Investment is what drives the economy. Businesses cannot expand, they don't hire people to work, businesses shrink, people are put out of work and the economy as a whole shrinks.
What is one thing that France did to try and fight the great depression?
Raised trade barriers to try to protect their own businesses. raised income taxes for all citizens cut taxes and government spending
What is one thing France did to try and fight the Great Depression?
Raised trade barriers to try to protect their own businesses. raised income taxes for all citizens cut taxes and government spending
Is federal tax voluntary?
Federal tax is not voluntary; it is mandatory for individuals and businesses that meet certain income thresholds. Citizens are required by law to file tax returns and pay taxes owed, with failure to do so resulting in penalties and legal consequences. While individuals can choose how much they withhold from their paychecks, the obligation to pay taxes is enforced by the government.
What is the role of the citizens in socialism?
Citizens have to pay taxes.
How do most states finance their capital budget?
Most states finance their capital budget through the state taxes businesses and citizens pay. These include sales tax, income and property taxes and inheritance taxes. They can also use the sale of bonds.
How does the U.S. government get most of its money?
Through taxation. We pay taxes on income, things we buy and a certain amount included in the price of gasoline is also a tax.
