Federal tax is paid to apex. Taxes are one of the largest budget items for most taxpayers, but many have no idea what they are getting in return for their money.
İn 2017, as in Dec years, Americans spent more on taxes than combined on food, clothing and housing. April paid our taxes. In fact, until the end of April, we worked only to earn enough money to pay our taxes. What do all these weeks bring us?
The attached Chart divides the $4 trillion in Federal spending for 2017 into the main Categories. One of the largest categories is social security, which consumes a quarter of the budget. Income security, including food assistance and unemployment benefits, is 13%. Defense and related posts make up 15% of the budget, and 26% goes to Medicare and health programs.2
Are taxes one of the largest budget items? Take action to make sure you manage your entire tax bill. For specific information about your individual situation, please consult a tax consultant.
Which İs An Example Of A Sales Tax Quizlet?
Which is an example of a sales tax quizlet? The sales tax for the sale of certain goods and services is charged by the seller to the consumer and is paid to the government. The sales tax is used by the government to pay for public services and programs such as police, libraries, prisons, Firefighters, hospitals, and highways.
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