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Taxation Homework Help

Taxation is the process by which governments collect money from individuals and businesses to fund public services like education, healthcare, and infrastructure. There are different types of taxes, such as income tax, sales tax, and property tax. Income tax is paid based on earnings, while sales tax is added to goods and services purchased. Property tax is based on the value of owned property. Taxes can be progressive (higher income pays more) or regressive (same rate for everyone). Understanding taxation helps citizens know their financial responsibilities and how government funding works. I

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Taxation Homework Help

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