Why do we pay 10% of our paycheck to the government for taxes, and why/under what circumstances do we get it back in tax returns, or have to pay more in tax returns? 544 viewsJanuary 3, 2024 Question90.64K August 27, 2021 0 Comments Why do we pay 10% of our paycheck to the government for taxes, and why/under what circumstances do we get it back in tax returns, or have to pay more in tax returns? In: Economics 11 Answers ActiveNewestOldest Anonymous Posted August 27, 2021 0 Comments The portion withheld from your paycheck is an estimation of what you owe, based on information given to your employer. If that estimation isn’t exactly correct, you can (and may be required to) file to settle the difference. You are viewing 1 out of 11 answers, click here to view all answers. Register or Login
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