Wednesday, May 9, 2007

Taxes - How Does The Government Get Money?

So how does the government get money? There are many ways in which a government recieves money. There are direst methods and indirect methods. An individual can either pay by doing labor for the government or by paying taxes. Paying taxes is not an option for the individuals. They have to pay taxes. If they do not pay, there are many penalties layed upon the individual.

There are many different types of taxes that people can pay. For example, Corporation tax. This tax is taken from the profit of a company. Another type of tax is the Consumption tax. This tax is taken from any sales that are made. Taxes are deducded from basically everything and anything an individual buys or makes.

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