what is tax ??.....
Answers
Answer:
TAX : sum of money demanded by a government for its support or for specific facilities or services, levied upon incomes, property, sales, etc. a burdensome charge, obligation, duty, or demand.
IT'S PURPOSE : Taxation, imposition of compulsory levies on individuals or entities by governments. Taxes are levied in almost every country of the world, primarily to raise revenue for government expenditures, although they serve other purposes as well.
WHY TO PAY :The result of all this is that you're required to file a tax return every year. Through this process, it's determined whether you owe additional taxes beyond what you've already paid to the federal and state governments, or if you're owed a refund of the taxes you've already paid.
hope it helps u.........