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Browse: Home / KNOWLEDGE / Economics

What is he purpose of Taxation in the United States?

Roll_Tide!: What is he purpose of Taxation in the United States?
What is he purpose of Taxation in the United States?
A to provide for the common Defence and general Welfare of the United States with uniformity throughout the United States;

B to be fair

C to take money from those who have much and give it to those who have little.

Answers and Views:

Answer by darth42
D: Social engineering and empowering the gov’t.

Answer by bcptm
D. To give people something to complain about besides the weather.

Answer by Free Thinker
It’s A.

Answer by icpooreman
D: to fund the govt and all of its operations. Including but not limited to, social security, education, medicare, highway construction etc etc.

Answer by brucec83
Always, the Primary purpose is to finance the operations of the government. Because the US does not favor direct subsidies (except to farmers, oil companies and banks), it is also used to provide indirect subsidies for things like mortgages, retirement savings, education and investment.

Answer by frogger
Actually the purpose of taxes are to pay back interest to the Federal Reserve on monies loaned. Since every dollar printed is loaned with interest, the cycle is never ending. You pay debt with dollars that already have debt attached to them. That is the true purpose of income taxes.

Answer by Mr. Wizard
D. To take money from “lower and middle class” America, exempting the affluent and rich.

Taxes gathered are generally supposed to honestly go towards the Defense and General Welfare (the common good) of the USA. However, large portions of such taxes are misused by corruptive majorities of our Government.

Answer by C J
A.

Taxes are the way in which governments raise money to support their workings. These include defense, general welfare and government programs.

Answer by [email protected]
to provide stuff. the gov needs money from somewhere.

Related Questions:

  • 1.  How will you be given your tax relief money?
  • 2.  Taxes are done How does someone find a w2?
  • 3.  What additional taxes do you have to pay (if any) if you have money in the stock market?
  • 4.  Is government spending a form of taxation?

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