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What are federal income taxes?

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User Aherrick
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1 Answer

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Answer:

Federal tax is the money used by the government of a country to pay for the growth and upkeep of the country. Some look at federal tax as "rent"

Step-by-step explanation:

Income taxes im the United States are imposed by the federal government and most states

Income taxes are determined by applying a tax rate, which may increases, to texable income, which is the total income less allowable deductions.

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User CR Sardar
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