The government and the state charges us many different taxes, for multiple reasons. In general, these taxes (on all different levels of government) help to pay for different things. On the federal level, they pay for social secuirt, WIC, and other government funded-programs of that kind.
Some of theses taxes are:
Luxury tax - taxes on goods such as electronics, and things that we do not need to survive.
Income tax - a percentage of what you make ($$) that goes to social security, and often goes to yoou savings account.
Property tax
and Business tax (these include food business, gas, cars, etc.)
Thursday, May 10, 2007
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