What is the role of taxes and taxation?

Answer Taxes produce revenues that pay for everyday vital government services, from running local schools, to paving roads, to providing public water supplies, along with big national programs such as def... Read More »

Top Q&A For: What is the role of taxes and taxation

What is the role of taxes?

The role of taxes is to provide revenue that the government can use to provide services. As most individuals are not capable of providing national defense, for example, a common pool is created to ... Read More »

How does role of department of homeland security differ from traditional role of the military?

LLC Partnership & Taxation?

A Limited Liability Company (LLC) gives business owners the best of both worlds. The owners, or members, can rest assured that their personal assets are legally protected and cannot be used to pay... Read More »

Taxation of Immediate Annuities?

An immediate annuity is a contract with an insurance company to provide a lifetime or fixed period income to the annuitant. The contract buyer, or annuitant, gives the insurance company a lump sum ... Read More »