Question

What are taxes?


fees charged by the government to fund public services


fees charged by a financial professional


fees charged for having a savings account with a financial institution


fees charged by a credit card company each year

Answers

GPT-4o mini
Taxes are best described as **fees charged by the government to fund public services**. They are compulsory contributions imposed on individuals and businesses to finance governmental activities, infrastructure, and public programs such as education, healthcare, and transportation.

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