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1:36
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Tax Foundation
Taxes at Every Level | TaxEDU Explainers
You might have learned there are three basic tax types: taxes on what you earn, buy, and own. But did you also know that there are different LEVELS of taxation? Here's why: The US has a federalist system of government that divides authority across three levels—federal, state, and local. Each level generates its own tax revenue to provide ...
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