Taxes - How the Government Spends Your Tax Dollars

Things to remember...

• Taxes come in three categories: regressive, progressive, and proportional.
• Federal, state, and local governments all have the power to collect taxes.
• Money is spent to provide services, buy goods, and maintain infrastructure like roads.

Visit the U.S. Department of the Treasury website to find out all kinds of additional information about taxes including the different types, their history, and how they are enacted in this country, among other things.