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What are our income taxes used for today?
To pay for everything our society provides to its members, and others in the world.
You know: Military, education, medicine, culture, parks, streets, transport, power, science, food, housing,...
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What is an income tax trust used for?
Used to distribute tax benefits from a trust to family members or trust members including tax threshold credits. These are obviously very useful for families with young members not old enough to...
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How is federal income tax used?
Taxes are used to pay for all the services and obligations of the government they go to.Some are earmarked for certain things, (like social security payments), some are put in a general fund, where...
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How is personal income tax used?
The federal government uses the income tax for general federal purposes. It is not designated for any specific purpose. Revenues from the tax can be used for anything from soldiers' salaries to...
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What is income tax used for?
It is used to fund all public facilities.