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What is the purpose of federal income tax? Why is the goal of a fair income...

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Accounting

What is the purpose of federal income tax? Why is the goal of afair income tax system so hard to achieve?

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Federal Income tax is the tax levied by the Internal revenue services in United states on the annual earnings of individuals corporates trusts and other legal entities This tax is applied on all forms of earnings that is part of an individual taxpayers taxable income    See Answer
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