A government typically taxes its individual and corporate inhabitants to help pay for public works and services as well as to construct and maintain the infrastructure used in a nation.
The majority of this income is used to pay for government operations, including the upkeep of infrastructure and the salaries of staff, as well as the acquisition of goods and services for American citizens and businesses.
The collection of taxes and levies is a crucial way for countries to generate public money that enables them to support investments in human capital, infrastructure, and the provision of services for citizens and enterprises.
To pay for the services and products it provides, including roads, schools, police protection, libraries, parks, and law enforcement, the government collects taxes. The individual income tax is the federal government's main revenue source. About 50 cents of every dollar that the government collects comes from this source.
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