American citizens must pay federal taxes, which are paid via
A: income taxes
B: sales taxes
C: property taxes
D: sin taxes
Answer: A: income taxes
The American conscientious citizens provide the government with federal taxes, that are mostly contributed via income taxes and sin taxes.
Income taxes falling on the income of individuals and businesses, etc. are all called incomes taxes. Income tax used being a fund for the IRS is on the basis of the taxpayer’s taxable Income.
A particular category of indirect taxes, known as sin taxes, are the taxable goods and services are perceived as bewildering or otherwise harmful to society, like alcohol, tobacco, and gambling. These taxes are imparted with the intention of creating negative attitude towards the consummation of these products while, on the other hand, they also help governments in collecting their revenue.
However, while sales taxes together with property taxes are common at state and local levels but not necessarily federal ones paid by every person living in America, some taxes like the federal ones are really paid by all the Americans living on the territory of the country, commonly called as federal taxes. The federal level depends a lot on personal income and excise taxes so as to meet its expenses and support various programs.