Bonus Question:

If I do not file my income taxes, I am stealing from everyone except:

A. myself
B. the federal government
C. my employer
D. my local government

(Hint: you may need to research federal and state income taxes)



Answer :

Final answer:

Income taxes are crucial for funding government programs, and not filing them can result in penalties. The federal government depends significantly on income taxes for revenue.


Explanation:

Income taxes are essential for funding government programs and expenditures. Failure to pay income taxes can lead to consequences such as fines or jail time. The federal government relies heavily on income taxes as the largest single source of tax revenue.


Learn more about Income taxes here:

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