Taxpayer Money Does Not Efficiently Work For - amazonia.fiocruz.br

Taxpayer Money Does Not Efficiently Work For - rare good

When you're paid a regular salary, your employer makes sure Uncle Sam gets his cut with each paycheck you get by withholding taxes and sending it to the IRS. Income that is not subject to federal tax withholding during the course of the year is still subject to tax, requiring you to pay estimated taxes to ensure that you pay as you go. Wage earners can get around this by increasing the amount withheld at their regular job. The IRS wants Americans to pay taxes as they earn money. Normally, penalties and interest apply for underpayments and late payments. Because of the pandemic in , some tax filing deadlines were relaxed and extended. Taxpayer Money Does Not Efficiently Work For

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Taxpayer Money Does Not Efficiently Work For - opinion useful

Political corruption or Malpolitics is the use of powers by government officials or their network contacts for illegitimate private gain. Forms of corruption vary, but can include bribery , extortion , cronyism , nepotism , parochialism , patronage , influence peddling , graft , and embezzlement. Corruption may facilitate criminal enterprise such as drug trafficking , money laundering , and human trafficking , though it is not restricted to these activities. Misuse of government power for other purposes, such as repression of political opponents and general police brutality , is also considered political corruption. Over time, corruption has been defined differently. For example, in a simple context, while performing work for a government or as a representative, it is unethical to accept a gift. Any free gift could be construed as a scheme to lure the recipient towards some biases. In most cases, the gift is seen as an intention to seek certain favors such as work promotion, tipping in order to win a contract, job or exemption from certain tasks in the case of junior worker handing in the gift to a senior employee who can be key in winning the favor. Some forms of corruption — now called "institutional corruption" [2] — are distinguished from bribery and other kinds of obvious personal gain. A similar problem of corruption arises in any institution that depends on financial support from people who have interests that may conflict with the primary purpose of the institution.

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