BUISENESS MANAGEMENT
TAXES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Taxes that individuals pay to federal, state, and local governments can help provide
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Schools and libraries
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Television stations like ESPN and HGTV
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Firefighting
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Both A and C
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Explanation:
Detailed explanation-1: -State and local governments collect tax revenues from three primary sources: income, sales, and property taxes.
Detailed explanation-2: -Taxes are crucial because governments collect this money and use it to finance social projects. Without taxes, government contributions to the health sector would be impossible. Taxes go to funding health services such as social healthcare, medical research, social security, etc.
Detailed explanation-3: -Key Takeaways. The primary sources of revenue for the U.S. government are individual and corporate taxes, and taxes that are dedicated to funding Social Security, and Medicare.
There is 1 question to complete.