Question

Which of the following statements is true about taxes?
Taxes pay for schools and government
departments
Taxes pay for roads and emergency services.
Taxes are often used at the federal, state, and local
levels.
All of the above​

Answer 1

Answer:

All of the above

Answer 2

Taxes are levied by the government on business profits, worker's income or it is added to the cost of some transactions, services or goods.

It is an obligatory contribution to state revenue and this money is used by the government to pay for various things. e.g government servants, police, military, health care, education, to maintain buildings, roads, bridges, and sewers.

There are different kinds of taxes such as sales tax, sin tax, travel tax, capital gains tax, inheritance/estate tax, income tax, value-added tax, payroll tax.

So we can conclude that All of the options mentioned in the question are correct.

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