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?

546 views

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

Anonymous 0 Comments

A ) We pay taxes so the government has money to fund things like building roads, maintaining government services, having easy access to public utilities, and all the other things that governments could spend money on.

B ) If you pay the government too much or too little then they will either send a bill or give you back the money you overpaid.

You are viewing 1 out of 11 answers, click here to view all answers.