21. One Country, Many Taxes

Taxes are special fees charged by a government the people who live in a country, state city. These fees help pay for public services police, road and bridge repair, and public schools. the United States people have to pay national, , and local taxes. Income tax is a tax to how much money a person earns in year. There are both federal and state income . These have to be paid every year by 15th. There are special forms the Internal Revenue (IRS), the government agency in charge of collecting , asks people to fill out. There are tax that people with low income, college students, and can get. These credits could mean actually getting back from the government. This money is called tax refund. People can get both a federal state tax refund. Anyone who works has to taxed regardless of the immigration status. Not paying taxes could mean a fine or even jail .

Payroll taxes are taxes that are taken right of a person's paycheck. There are federal and payroll taxes. These include Social Security and Medicare . Social Security taxes pay for the retirement and benefits received by millions of Americans each year. taxes pay for the federal health insurance program covers the elderly and the disabled.

People who houses pay property taxes. The amount paid depends how much the property is worth. This tax usually paid once a year. Sales tax is tax almost everyone pays. Sales tax is a extra percentage charged on nearly all purchases. Everything soap to furniture has a sales tax attached bought. The amount of the sales tax is across states and cities.
   




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