Americans pay alot of taxes for many things. Majority of the tax money goes to the federal government who uses it to fund parks, homeless shelters, wars and other nessecities. There are many types of taxes Americans pay without really realizing it such as :Accounts Receivable Tax, Building Permit Tax, Capital Gains Tax, CDL license Tax, Cigarette Tax, Corporate Income Tax, Court Fines (indirect taxes), Dog License Tax, Federal Income Tax, Federal Unemployment Tax (FUTA), Fishing License Tax, Food License Tax, Fuel permit tax, Gasoline Tax (42 cents per gallon) are just to name a few. The main types of taxes that Americans pay are income tax, payroll tax, sales tax, tax on tariff and trade. The IRS controls and maintains the taxes we pay. In New York the sales tax is 8.25%.
The federal government gets money from the taxes taken off from our checks during Pay day. As sad as it is staring at your paycheck with a $20 deductable tax cut, the money goes to helping the country. The state government also gets money from deductions on checks of employed people. The money collected by the state goes for the same purposes as the federal government. The state government uses the money for their own particular state. Most of the tax money cut from our paychecks go to the senior citizens and help fund housing for them. Now it'sa problem due to the Baby Boom back in the 1920's. There are a lot more senior citizens today and funding is becoming an issue. One thing that has changed over the years regarding taxes is that there is no more tax on clothes and shoes under $100. There are also tax free weeks once or twice a year which amny Americans enjoy, since tax can sometimes be a real issue.
Some examples of tax in effect is when you purchase a book. The book is originally priced $8.00, but due to the taxes we have to pay the book in teh end turns out to be around $8.40.
Another example would be purchasing oil, toys, anything imported which is not clothing, will all have tax imposed on them.
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