👉 Taxpaying is a legal concept where individuals or organizations pay taxes to their government. This includes both personal and corporate income taxes, which are assessed on various sources of income, such as salaries, property, and investments. In the United States, for example, the federal government collects income tax from individuals through payroll deductions, while state governments collect income and sales taxes from businesses. Property owners also pay property taxes, which are based on their value in relation to other properties owned or leased. Taxpay
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