asked 158k views
1 vote
Why does the federal government collect income taxes in installments rather than

waiting until the end of the year?
A It is more convenient for the government and taxpayers to collect in
installments.
B It is optional; people may pay all their taxes at once at the end of the
year.
C It is easier for the government to collect that way, but harder for
taxpayers.
OD It is easier for taxpayers to pay that way, but inconvenient for the
government.

2 Answers

3 votes

Answer:

A It is more convenient for the government and taxpayers to collect in

installments.

Step-by-step explanation:

this guy said it was the answer

answered
User Scamparelli
by
8.5k points
7 votes

Answer:

It is more convenient for the government and Taxpayers to collect in installments ( A )

Step-by-step explanation:

collecting income taxes in installments is the best form of collecting income taxes because it reduces the burden on taxpayers because they pay a significantly lower rate at installments rather than at the end of the year when the rates must have accumulated. It also helps the government to keep and balance it tax records easily.

answered
User Wavemaster
by
7.9k points

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