For any question related to taxes and not otherwise covered by a more specific tag such as income-tax, sales-tax, capital-gains-tax etc. When asking about taxes, please also specify a country tag such as united-states, canada, united-kingdom, etc.
Taxes are a compulsory contribution to national, state, or local revenue. Taxes are levied by the government on workers' income, business profits, and investment appreciation, or may be added to the cost of goods, services, and transactions. Taxes are essential for funding government spending and various public expenditures. Failure to pay and evasion of taxation may be punishable by law, depending upon jurisdiction.