How are taxes and fees different? (1 point)

Taxes are a payment to the government for public works, and fees are money borrowed by the government.
Taxes are meant to raise revenue, while fees are meant to regain lost funds from providing services.
Taxes are less regulated than fees since they rarely require a vote to raise.
Taxes are a charge on a service provided by the government, and fees are payments to the government to fund public works.

Taxes are payments required by the government on income, property, or goods, while fees are charges for specific services or benefits provided by the government.