Everything it does: Military & defense, Legal systems, health systems, wealfare, oublic lands maintenance, schools & education, science...etc.
To pay all of the necessary expense of operating the services and programs that are administrated by the federal government.
It is what the federal or state government charges you on your income. (the money you earn) It is a percentage of your income. It mean the tax youse has to pay on youse income.
The Federal government is the level of government we pay income taxes to.
In US, when you pay income taxes, you support the federal government.
All of the above ^_^
If you did not owe any federal income tax in 2021, it means you did not have to pay any taxes to the government for that year.
Federal and state corporate income tax share, 2.5%, Based on corporate.
If I retire and my income is $4500. a month, how much federal income tax will I pay?
To raise the funds that the Federal government needs to pay for the services and benefits it provides for the society it governs.
Yes. It's called Income Tax. States can require an income tax, and there is tax payable to the Federal Government.
what do large US corporations pay in Federal income tax
Yes the federal income tax is paid to the United States Treasury Department.