Taxes that are paid by individuals on all money earned, including investments, are
Taxes that are paid by homeowners to state and local governments are
Taxes that businesses are required to pay on their earnings throughout the course of a year are

There are different types of taxes that are levied for each institution. Income corresponds to taxes paid by individuals on their earned money.

Property, on the other hand, corresponds to taxes paid by property owners to state and local governments. Corporate taxes are the taxes that companies are required to pay on their earnings over the course of a year.

Why is it mandatory to pay taxes?

This compulsory charge is used in a government to finance public spending on social and administrative policies of the State. Failure to pay may result in legal penalties and fines.

Therefore, the payment of taxes is essential for the social and economic issues of a place, contributing to its development.

The correct answer is:

Income
Property
Corporate

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Taxes that are paid by individuals on all money earned, including investments, are Taxes that are paid by homeowners to state and local governments are Taxes that businesses are required to pay on their earnings throughout the course of a year are

Answer :

Why is it mandatory to pay taxes?

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Taxes that are paid by individuals on all money earned, including investments, are
Taxes that are paid by homeowners to state and local governments are
Taxes that businesses are required to pay on their earnings throughout the course of a year are