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Essay / Government Spending in Tax Dollars - 1823
Government Spending in Tax DollarsTaxes are the dollars we pay to the government to provide services that are not or cannot be provided by the free enterprise system. Taxes have existed since the beginning of organized societies. They come in various forms. The most common income taxes are federal and local taxes. These taxes are calculated based on the amount of income a person earns. Other taxes take the form of use taxes; these taxes are imposed on people who use the taxed products, such as gasoline tax, alcohol tax, sales tax, and luxury taxes. Property taxes are the primary revenue for local and municipal governments. Taxes attached to bills such as utility bills and rental fees add to the tax burden.Taxes 3Introduction taxes; Who Profits and Who Gets Scammed focuses primarily on federal and county taxes, not state taxes. This report aims to give the reader an overview of taxes: why we have them, what types of benefits they provide, who benefits from them, and who is being screwed by them. It informs the reader about the different types of taxation, where the money comes from and where it goes. How can people avoid certain tax increases? Most importantly, this report informs the reader that the federal government is wasting incredible amounts of money due to excessive spending and irresponsible behavior by departments. This excessive spending created a deficit that caused billions of dollars in damage to the nation's credit. Because of these excessive taxes, the American taxpayer is being cheated out of paying for government waste. Most people in this country are being cheated out of the amount of taxes they pay because of government corruption...... middle of paper......n and waste. We can only hope that one day, government spending will be reversed with the idea that civil servants will be directly responsible for the waste in their departments. In the meantime, we can only pay our taxes and be careful where our taxes go. Bibliography: A decade of decline. (1993). Managing the federal government. 1-20. Dearborn, P. M. (1993, Summer). Local property taxes: emerging trends. Internal Government Perspective 10-12 Taylor, A. (May 25, 1996). Dole's call to repeal the gas tax fails to generate enthusiasm among voters. Quarterly Congressional Report: Economy and Finance. 1212-1378. The economics of taxation. (1995, November 2). The economics of taxation. Suanders, L. (1995, June 19). Avoiding the Forbes Rack, 13, 208.