The seemingly obvious answer is we pay taxes to help fund the government so it can pay for government services. That is correct when it comes to state and local governments as well as for the federal governments of countries that don’t issue their own currency. For countries like the U.S., Japan and the U.K. which issue their own currency the question of why we pay taxes is a little more complicated. Photo by Joanna Kosinska Government Spending Is Digital When the federal government … [Read more...]