Respuesta :
Government finances, which are divided into revenues (such as tax receipts), expenditures (spending), debt, and assets, also include government taxes (cash and security holdings). Government taxes are discussed in length and with figures in this section. Locate the most recent articles, publications, and other content.
A
Average Income B
Equalized income B-A
Gain(+) or
Lose(-)
Highest fifth 202000 79300 -122700
Second fifth 92000 79300 -12700
Third fifth 57000 79300 22300
Fourth fifth 33000 79300 46300
Lowest fifth 12500 79300 66800
government taxes are compulsory contributions that a government agency, whether local, regional, or federal, imposes on people or businesses. Public works and services like roads and schools, as well as programs like Social Security and Medicare, are funded by government taxes income.
In economics, taxes fall on whoever bears the cost of the tax, whether this is the taxed entity, such as a business, or the final users of the items produced by the business. Payroll government taxes, federal and state income taxes, and sales taxes are just a few of the government taxes that need to be taken into account from an accounting standpoint.
Learn more about government taxes here
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