Difference between revisions of "Income tax"
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| − | '''Income tax''' is a [[tax]] levied by [[government]] on the [[income]] of individuals and businesses. | + | '''Income tax''' is a [[tax]] levied by [[government]] on the [[income]] of individuals and businesses. The income tax came to the [[United States]] by the [[Sixteenth Amendment]] to the [[Constitution]], and is levied by the [[Internal Revenue Service]]. [[Republican|Republican]] politicians, believing in a smaller, more efficient, and less expensive government, work hard to cut income taxes. |
==Sources== | ==Sources== | ||
Revision as of 00:41, November 16, 2007
Income tax is a tax levied by government on the income of individuals and businesses. The income tax came to the United States by the Sixteenth Amendment to the Constitution, and is levied by the Internal Revenue Service. Republican politicians, believing in a smaller, more efficient, and less expensive government, work hard to cut income taxes.