5th grade social studies

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What happens when the government raises taxes?

what would happen if consumers did not pay taxes on goods and services?

  • 5th grade social studies -

    when the government raise taxes the economy goes up as well.If consumers didn't pay taxes we will be down in food supplyment and other goods in stores.

  • 5th grade social studies -

    When the government raises taxes, it can pay off some of its debt and provide more money for schools, infrastructure, medical care for the poor, salaries and weapons for military personnel, etc.

    If consumers didn't pay taxes on goods and services, many benefits we expect would not be available.

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