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The Government simply raises them so that they have more money in their coffers. The United States Government is in an extreme deficit, meaning that they are spending much more money than they are actually making, so raising taxes would help compensate for that. There are also other scenarios which would call for a higher taxation such as; a corrupt avaricious government or giving the citizens of that country more benefits like better/more roads, free healthcare, free entry to cultural facilities ect... ^^
What else can I help you with?
Does getting paid biweekly result in higher taxes being deducted from your paycheck?
Getting paid biweekly does not result in higher taxes being deducted from your paycheck. The amount of taxes deducted depends on your income and tax bracket, not on how often you are paid.
Does getting an appraisal increase taxes?
Getting an appraisal does not directly increase taxes. However, if the appraisal results in a higher assessed value for your property, it could potentially lead to an increase in property taxes.
Does getting your house appraised have an impact on your property taxes?
Getting your house appraised does not directly impact your property taxes. Property taxes are typically based on the assessed value of your home, which is determined by the local government's tax assessor. However, a higher appraisal value could potentially lead to a higher assessed value and therefore higher property taxes in the future.
What taxes are higher corporate or income taxes?
income taxes
Taxes Obama compared with McCain?
Higher, higher taxes for richer people, lower taxes for poor people.
Can you get a rebate for the taxes you paid when visiting Florida?
I'm sorry but there is no such of a tax rebate for any taxes paid in Florida. The taxes you paid in Florida consist of sales taxes, motel/hotel taxes, and all of these are higher because the state of Florida has no income tax of their own so they hit the tourist and you aren't getting it back.
Why did Louis xvi want taxes to be higher?
He did not want the taxes to be higher, he wanted the Clergy and the Nobility to also pay taxes so that not only the bourgeoisie had to pay all the taxes (since these were the poorest people).
How can a higher payroll affect filing for taxes?
Higher payrolls affect taxes in several ways. First, higher payrolls lead to higher income tax percentages, requiring a person to pay more in taxes. Also, higher payrolls lead to more taxable objects, from property to sales tax.
How do appraisals affect property taxes?
Appraisals can impact property taxes by determining the value of a property, which is used to calculate the amount of taxes owed. Higher appraised values can lead to higher property taxes, while lower appraised values can result in lower taxes.
Why did french aristocracy object to higher taxes?
They had never paid direct taxes in the past.
When getting social security benefit projections are they with or without taxes?
They are without taxes.
In what ways are progressive taxes and regressive taxes similar in terms of their impact on different income levels?
Progressive taxes and regressive taxes both impact different income levels by taxing individuals based on their income. However, progressive taxes impose higher tax rates on higher income levels, while regressive taxes impose higher tax rates on lower income levels.
