insurance,public schools,FICA,th White House,etc.
The impact of a tax refers to the person who pays it to the government in the first instance. The incidence of a tax refers to the money burden of a tax on the person who ultimately pays it. - MP
There are a few different reasons that one pays an excise tax. One of the reasons is that the government needs more money for their various projects.
Neither, a tax in which everyone pays the same percentage is called a flat tax.
You.
There are no similar things between the two except that they both involve money.
Insurance, public schools, hospitals, businesses, and vacations for themselves.
You! The tax money.
The impact of a tax refers to the person who pays it to the government in the first instance. The incidence of a tax refers to the money burden of a tax on the person who ultimately pays it. - MP
Governments need money to help run a country. Without it, many of the things around you would not be there. Tax pays for things like policing, health services, public transport, infrastructure, public services, welfare. Anything the government supplies and pays for comes from taxation. While no one likes paying tax, without it countries would fall apart.
There are a few different reasons that one pays an excise tax. One of the reasons is that the government needs more money for their various projects.
It depends, you should read on the price tag, + tax.
The person who is buying the product pays the sales tax.
The state pays the property tax.
Usually the owner of the property is the one that pays the property taxes on the owners property. Some time the mortgage company will pay them from a escrow account but the money that is in the escrow account comes from the property owners monthly payments.
Neither, a tax in which everyone pays the same percentage is called a flat tax.
A progressive tax structure places the highest tax burden on those people who can best afford it; i.e., those who make the most money.
There are no similar things between the two except that they both involve money.