Explain the different types of taxes Americans pay. How does the federal government get money? How about the state government? And how do local (city) governments get money? Make a chart and track all of the different ways Americans are taxed.
The different types of taxes Americans pay are: federal taxes, state taxes, and local taxes.
Federal Taxes: The actual amount of federal income tax that your business pays each year is determined partly by the type of legal entity you have created.
State Taxes:
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