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James Halp
Distance: 0.3 Mi14 Rose St
08817-3531 Edison -
Jacobson Chas H
Distance: 0.6 Mi1704 State Route 27
08817-3449 Edison -
Hy Appelbaum C P A
Distance: 0.6 Mi1704 State Route 27
08817-3449 Edison -
ADS Bookkeeping Plus LLC
Distance: 4.9 Mi873 US Route 1 #1119
08902 North Brunswick -
H1 Tax Services Corp
Distance: 6.6 Mi1430 Oak Tree Rd
08830-1660 Iselin
Website Links
Description
A fee charged ("levied") by a government on a product, income, or activity is known as Tax. If tax is levied directly on personal or corporate income, then it is a direct tax. If tax is levied on the price of a good or service, then it is called an indirect tax. The purpose of taxation is to finance government expenditure. One of the most important uses of taxes is to finance public goods and services, such as street lighting and street cleaning. Since public goods and services do not allow a non-payer to be excluded, or allow exclusion by a consumer, there cannot be a market in the good or service, and so they need to be provided by the government or a quasi-government agency, which tend to finance themselves largely through taxes.