Question

What are the tax leveid in economics?

Answer 1

Answer:

the federal government levies income, corporate and payroll taxes; the state levies sales taxes; and municipalities or other local governments levy property taxes. Tax revenues are used for public services and the operation of the government, as well as for the Social Security and Medicare programs.

here is your answer

Answer 2

Generally speaking, the federal government levies income, corporate and payroll taxes; the state levies sales taxes; and municipalities or other local governments levy property taxes. Tax revenues are used for public services and the operation of the government, as well as for the Social Security and Medicare programs