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Are you a legal professional? Although tax laws can be complex, understanding the basics of. Additionally, states levy extra taxes on items such as liquor, tobacco products, and gasoline. We just updated this page. Taxes pay for the types of shared resources that individuals cannot procure on their own, such as highways, police departments, fire departments, schools, and public parks. Internet explorer 11 is no longer supported. See our editorial policies and staff. Internet explorer 11 is no longer supported.
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And the more we know about them as adults the easier our finances become.
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As the old adage goes, taxes are a fact of life.
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