Question

Choose the three reasons why people pay their taxes.

Taxes and Government Public Programs - Item 34047
A. Funding public services, economic development, social security
B. Supporting political campaigns, funding religious organizations, environmental conservation
C. Funding public services, economic development, private investments
D. Supporting political campaigns, funding military operations, cultural preservation

Answer 1

People pay their taxes to fund public services, support economic development, and provide social security.

Step-by-step explanation:

People pay their taxes for three main reasons:

1. Funding public services: Taxes are used to finance essential public services such as road construction, education, healthcare, and public safety.
2. Economic development: Taxes contribute to economic growth by providing funding for infrastructure improvements, business incentives, and economic development programs.
3. Social security: Taxes help support social security programs, such as retirement benefits and unemployment insurance, which provide financial assistance and security to individuals.