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Question About Government Money

Government question involving money?

farmers sell corn to get money to buy next years seeds and tools

governments "sell promises to pay" based on their ability to raise taxes which in turn are based on the income of the people who use the goods and services, like fire departments and schools, that make it possible for the people to earn money and pay taxes

the take future money, use it today , to make future earning possible

sometimes the system cycles out of control like a badly designed roller coaster

Government questions help!?

1. B
2. C
3. D
4. A
5. C
6. D
7. B
8. C
9. D
10. B
11. C
12. A
13. D
14. A
15. B
16. C
17. D
18. B
19. A
20. B
21. C

When can the bank or government take your money from your own personal account?

Good answers here on when banks (or government) can take money under normal circumstances. Your money can also be "taken" under not so normal circumstances if the bank has to be bailed out and depositors are forced to take part in the bail out. This is not very common and usually the equity investors take the hit but recently in the eurozone  Bank of Cyprus depositors lost up to 47% of their deposit - Bank of Cyprus depositors lose 47.5% of savings . More on the Cyprus story here - 2012–13 Cypriot financial crisis Soon after, Greek depositors too faced similar situation -  but thankfully it didn't come to passLastly, some countries in Europe now are facing negative interest rate and charging banks for hoarding their cash ( )Retail investors are not yet losing money in their deposits since this will probably trigger a panic flight to cash if done now. But policy makers are giving this a thought - if a a full scale conversion to electronic money becomes reality then it will be trivial to impose a negative interest rate (and take money from retail deposits) to effect central bank policy. This idea was recently broached by Bank of England's (UK's central bank) chief economist Andy Haldane - Bank of England: UK could ditch cash and slash rates below zero .

Why is our government so money hungry?

I see some very naive answers to this question. "the majority are honest"? "they take a pay cut"? "they are trying to help" Please!

These are the facts: THEY SIMPLY DO NOT CARE ABOUT YOU OR I. They are, to put it simply, 'ethical retards' and left their hearts by the wayside alot longer ago than the 'Road to the White House'. It is quite possible their 'hearts' were scooped out with that 'silver spoon' at a very early age.

Need help with government questions best answer 10 points:)?

1. The biggest sources of revenue for the government are

2. A government expenditure is
money spent on programs, services, needs.

3. The government agency that collects taxes is the
Internal Revenue Service.

4. Money that the government owes is called
the Federal Debt.

5. Many of the expenditures of the government are considered uncontrollable expenditures. Which of the following would not be an uncontrollable expenditure?
salaries for federal officials.

6. A portion of individual and corporate revenue that is paid to the government is known as
income tax.

7. Which of the following is true of the federal debt?
It has been increasing over time.

8. Which of the following is true of the Social Security System?
All of the above.

9. The federal income tax is described as a progressive tax system because
individuals who make more money, pay more taxes.

10. Which of the following is true of the Social Security Trust Fund?
More people are collecting money from the fund than are paying into it.

What are ideas to help the government save money?

Universal Healthcare. (savings come from fewer emergency room visits and preventative care)If you want to increase the GDP; free education through college. (An educated workforce makes more money, produces more, and pays more taxes over their lifetime)

How can we make good money being a government employee?

Live within your means. Perform your duties well. Remember satisfaction is a state of mind. On getting your monthly salary, your first expenditure should be savings. Keep a small portion aside for rainy season. Invest a portion on Government savings which offers compound interest. Never be a lender nor a borrower from individuals. Buy only what you need and not what you desire. Learn to help the deserving people to the extent possible. When you practice these for twelve months, it will become a good habit and after five years, you will see a strange phenomenon: you are proud holder of good money, good name and credibility.

Why does the U.S. government favor money over health?

First off, the link below your question goes to a fake news piece scribbled by a hack at the NY Times. I don’t necessarily agree with the opinion behind this question, but I will answer it, just the same. This nonsense article about breastfeeding not withstanding (because it’s fake news) the prevailing opinion among Americans is that it is not the government’s place to provide healthcare.A majority of Americans are not willing to pay 50% or 60% (or more) in income taxes, as Europeans do, (while they crow about their “free” healthcare) and Americans will not elect politicians, in significant numbers, who propose nationwide government healthcare. In the US, the government’s stance on healthcare reflects the stance of a majority of American voters on the matter.