Chapter 22 - Taxes - Taxes \u2605 The payments people must make to maintain their government services \u2605 Most people pay between 15 and 28 percent of

Chapter 22 - Taxes - Taxes u2605 The payments people must...

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Taxes - The payments people must make to maintain their government services. Most people pay between 15 and 28 percent of their income in federal taxes. Internal Revenue Service (IRS) - The federal agency responsible for collecting taxes. How many tax dollars spent? Salaries for government employees President Governor Police Officers Teachers All the facilities and equipment for government employees. Judges, prison guards lawyers. Airports, highways, bridges, city streets, sidewalks. Education and research. Welfare (payments/help for the needy) Social Service (Social Security) Postal Services Why people don’t like taxes People want to keep the money themselves. People feel like they are paying too much. People disagree with what the tax money is being used for. If this is the case….VOTE!! A Good Tax System Fairness -- everyone should pay their fair share. Simplicity -- a tax system should not be so complicated that people don’t understand. Convenience -- taxes should be levied at a convenient

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