Tax is collected from individuals and corporations by the city, state, or country in which the entity resides or operates. When the tax collected is credited to the government of the country’s account, it is referred to as a federal tax.
The federal taxes you pay are used by the government to invest in technology and education, and to provide goods and services for the benefit of the American people. The three biggest categories of expenditures are: Major health programs, such as Medicare and Medicaid. Social security