how do i explain federal and state taxes to friends?

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2006-09-14 11:01:04 · 5 answers · asked by airerhyne 1 in Business & Finance ➔ Corporations

The state takes a certain percentage, and the feds take a certain percentage. Most of it goes to Iraq.

2006-09-14 11:08:27 · answer #1 · answered by Anonymous · 0⤊ 0⤋

You pay the state to live there and you pay the government money to live in the United States.

2006-09-14 11:08:32 · answer #2 · answered by joe b 3 · 0⤊ 0⤋

Don't. When they get their first paycheck and find out FICA took some money, they ask who is FICA? Ha!

2006-09-14 13:53:33 · answer #3 · answered by Steve R 6 · 0⤊ 0⤋

get the books from the post office.

2006-09-14 11:08:42 · answer #4 · answered by scokeman 4 · 0⤊ 0⤋

http://www.irs.gov

2006-09-14 11:06:11 · answer #5 · answered by Starr 5 · 0⤊ 0⤋