The four type of taxes are as follows:  Personal income taxes, Sales taxes, Property Taxes and Estate Taxes.  Most Americans who collects income have to file a tax return.  Personal income taxes are very valuable source of revenue for the federal, state, and local governments because they are compensated regularly throughout the year, so managing budgets’ balance and control smaller governments from having budget crisis. In your opinion, which tax benefits your econonmic situation in today s time and why.  Do you think that the cities and states might need to implement new laws to better enhance the taxes system? What laws need to be implemented and how will it benefit the future of Americans.

3 1/2 Pages plus cover sheet

Cover Sheet : Name, Course Title, Subject, Date Professor Name

Introduction

Body 3 Paragraphs (at least)

Conclusion