What is the purpose of taxes?

Answer Paying taxes is a requirement for almost every person in the world. The governments of most modernized countries use tax revenues as a way to pay for public service programs. In the United States, ... Read More »

Top Q&A For: What is the purpose of taxes

What Is the Purpose of Property Taxes?

Property taxes provide a revenue stream for government operations. Although the details vary depending on where you live, property taxes generally fund both state and local government operations, a... Read More »

What is the purpose of poll taxes?

It doesn't cost a penny today to vote or register to vote. This wasn't always true. Charging to vote was an exclusionary tactic used to prevent blacks from voting.HistoryIn 1870, the 15th Amendmen... Read More »

What is the purpose of imposing taxes?

The purpose of imposing taxes is to allow the federal government to provide various services for the American people. While there is much debate about how to spend federal tax revenues, there are s... Read More »

What is the purpose of social security taxes?

Social Security benefits are provided to U.S. citizens who are retired, disabled and who are survivors after a death. U.S. workers pay Social Security taxes in order to earn credits that will later... Read More »