why do we pay taxes

Because if we dont they will garnish our paychecks put a lien on our house and throw us in jail if we fail. The seemingly obvious answer is we pay taxes to help fund the government so it can pay for government services.

Article Why We Pay Taxes Link Inside

It is considered a civic duty of citizens to pay taxes and is required by law.

. In addition to these concerns one of the primary reasons people dislike property taxes is because they just dont understand them. Each taxpayer pays taxes for local. Social Welfare Pack Social welfare and social security are one of the. It starts with the law.

Over the past 12 years Taxease has. In America the Internal Revenue Service is in charge of verifying your tax amount. We pay taxes to the federal state and local. Simply put if you owe a large sum in taxes its likely because you kept too much of your paycheck during the year and had too little withheld automatically.

It was financially beneficial for the government to push the economy forward by. Other states range from low tax states with capital gains rates around two percent up to high taxing. In the US most people pay income taxes on the money they earn at a job but there are many more forms of income. This article will explain to you what tax services are about and why it is important to pay your taxes appropriately.

However even if for the majority of us. It was important for the government to pay for their fight and the resources needed to win. Why Do We Pay Taxes To The Federal Government. The law obliges us to pay taxes which in turn provide everything from health care and Social Security to education and.

Answering why do we pay taxes it is quite understandable that a huge portion of your paid taxes is used for protecting the citizens of America. That is correct when it comes to state and local governments. Why Do We Pay Taxes. They pay for various public services and federal programs.

Some communities may be so small or rural that they may not have enough of a tax base to support everything a community might need. Taxes are compulsory contributions to the government from individual and corporate income. There are several reasons why it is necessary to assume the responsibility of paying taxes. If you owe more than.

This includes income from capital gains gambling. The government needs revenue to maintain peace and integrity in the country to increase social welfare and to. They fall on the common good of the citizens and the country or region where. Taxes are the major source of government revenue.

If you put off paying or refuse to pay taxes you risk facing high fines and maybe jail time. Some like Texas and Florida have no state income taxes either. If you are not.