What are the 3 most common taxes in the United States?

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2026-08-06 13:05

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The three most common taxes in the United States are income tax, payroll tax, and sales tax. Income tax is levied on individuals and corporations based on their earnings, while payroll tax funds Social Security and Medicare through deductions from employee wages. Sales tax is imposed on the sale of goods and services, varying by state and locality. Together, these taxes comprise a significant portion of federal, state, and local government revenue.

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