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Why are people afraid of taxes?

Updated: 9/26/2023
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7y ago

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People do not like taxes because they feel a lack of control over the use of the money they have sent the government. There's the story of the $100 toilet versus the need for the government to provide services as the population grows.

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7y ago
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Q: Why are people afraid of taxes?
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How often do people pay their taxes?

Estimated taxes are paid quarterly.


Should rich people pay more taxes?

yes rich people should pay more taxes because the middle class pays taxes to support the poor people there for the rich should help pay


What are the three taxes taken form your paycheck?

It will depend on where you reside as to what taxes are withheld. Federal Withholding taxes, FICA taxes, and Medicare taxes are the federal taxes that are withheld. Most people will also be effected by State taxes and some will even have to pay city or county income taxes along with the other taxes.


Why do some people say real estate taxes are taxes on middle class people?

Middle class people buy their own houses, and own them, and pay taxes on them. Poor people rent houses or apartments. (There's a lot of overlap and gray area between these categories!) Rich people have their homes attached to various trusts and sometimes charities, and these are often taxed at a lower rate, or the taxes are paid as a business expense. So the wealthy people often don't pay their own taxes; they have somebody else to manage the business of minimizing their taxes.


Who pay most taxes rich or poor?

I'm afraid that you may not get the answer that you want with this question. The top 5% of earners in the United States pay over 95% of the taxes. The U.S. has a progressive tax rate system meaning that the more income you earn the higher your tax rate on your earnings will be and therefore, the more taxes you will pay. It all depends on what you call poor people but basically poor people pay no taxes in the United States as far as income tax goes. Our system is set up to redistribute wealth which means we tax higher earners and distribute the money to the lower income earners in the form of money and services.

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Why dolphins are not afraid of people?

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How many people are afraid of bees?

Many people are afraid of s__________


Should people be afraid of bees?

"The only thing to fear is fear itself" So you have to be afraid of being afraid. So I guess no, people dont have to be afraid of bees


What are things that people are afraid of that start with an a?

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Taxes Obama compared with McCain?

Higher, higher taxes for richer people, lower taxes for poor people.


Why am I afraid of short people?

Everyone is afraid of different things, that just happens to be what your afraid of!