The power to engage in war. The power to levy income tax.
Yes, it is true that Congress can appropriate money to the federal government. This is how federal departments are funded.
income security payments to individuals and national defense
If the federal government wasn't in charge it would be a mess. That would mean there would 50 different kinds money and no rules on banks. It falls to the federal government to make sure the money is good for the United States and overseas.
AnswerTaxes, taxes and more taxes
It is what the federal or state government charges you on your income. (the money you earn) It is a percentage of your income. It mean the tax youse has to pay on youse income.
The state governments do not receive all their money from the Federal government. The majority of their funds come from state income taxes, property taxes and sales taxes.
chicken!!
The sum of money placed on a persons property or income by the government is referred to as taxes. In the United States, these taxes are federal and state taxes.
Federal Income tax is the largest tax for the government, it raises more money then anything else.
The government collects money through taxes. Every time you are paid at work you pay a Federal Income Tax. When you buy items at the store you are paying the government.
Not all income tax goes to the Federal reserve but all money that goes to the Federal reserve comes from income tax.
Your employer sends it to the federal government to help your income tax bill
Sure. Any debt to a government agency can be taken in order to pay such debts. Government agencies can place a tax lien on your refund for federal or state income taxes.
Income tax is the tax that the government takes out of the income you earn. It is the main form of taxes that the government receives from you. This money is used to pay for infrastructure, military, government employees, government programs such as welfare or grants, and anything else the government needs to pay for. The amount of taxes that are taken out of your paycheck depends on the income bracket in which you stand. Typically, if you make more money, you will be taxed a higher percentage.
The power to engage in war. The power to levy income tax.
Yes. If you owe the federal government money, the Department of the Treasury can withhold your income tax refund to satisfy the debt.