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2007-05-15 13:13:46 · 5 answers · asked by dannea w 1 in Politics & Government Government

5 answers

Taxes imposed on income of corporations and individuals.

2007-05-15 13:16:30 · answer #1 · answered by FRAGINAL, JTM 7 · 0 0

I will vote for the candidate that's steps forward and backs the Fair Tax. I think it is the second most important issue in the USA today.

The federal government's chief source of funds to cover its expenses is the income tax on individuals, which in 1999 brought in about 48 percent of total federal revenues. Payroll taxes, which finance the Social Security and Medicare programs, have become increasingly important as those programs have grown. In 1998, payroll taxes accounted for one-third of all federal revenues; employers and workers each had to pay an amount equal to 7.65 percent of their wages up to $68,400 a year. The federal government raises another 10 percent of its revenue from a tax on corporate profits, while miscellaneous other taxes account for the remainder of its income

2007-05-15 13:33:59 · answer #2 · answered by simply_annoyed 3 · 0 0

Income Tax And don't be fooled they make alot on tobbacco and Liquor

2007-05-15 13:36:06 · answer #3 · answered by Joy 4 · 0 0

Taxes, taxes, more taxes.

2007-05-15 13:28:36 · answer #4 · answered by daryavaush 5 · 0 0

Taxes, illegal, and legal.

2007-05-15 13:17:06 · answer #5 · answered by masterplumber75 4 · 0 0

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