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How do taxes influence the federal budget

2 Answers

2 votes

Answer:

Taxes takes money from citizens and gives to the government federal budget/funding.

User George Mano
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Answer:

Tax money influences how much money can be allocated toward certain items in the federal budget.

Step-by-step explanation:

The amount of money that the federal government brings in through taxes influences how much money can be put toward spending items in the federal budget. For example, the government will likely set aside different amounts of money toward things like national defense or education depending on how much money is being drawn in through taxes.

User Girgetto
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