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Income tax it is important because we should be aware of what is being taken out of our paychecks each time and where exactly that money is going to and what it means for your taxes at the end of the year.

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It is important to understand income tax because your money that you pay off goes into many places. It could go into common resources that can help the community.

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 Nate Johnson                        it is important to understand income tax so you can use it to figure out your net income. 

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 Nate Johnson                        it is important to understand income tax so you can use it to figure out your net income. 

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To evaluate how much your net income is so that you know what money you’ll have to spend. Not understanding that you must pay your income taxes will result in federal litigation.

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Its important to understand income tax because it helps you understand how much money the government took out of your paycheck that year and how much you will get back at the end. It helps you keep track of your money.

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It is important to understand income tax because it helps you understand where your money is going and how the government is funding it back into the community .

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It is important to understand income tax because on your first job when you get your big brand new check and you worked 40 something hours and only get paid like 150 instead of 200 then you know your money is with the government and also how much money you will get back on tax returns

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It is important to understand income tax because it's important to know where your money is going and is also a good source of revenue for the governments fund and services

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Its important to understand income tax because we should know were our money is going to also every government should have some financial security for roads, schools, churches etc.

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It is important to understand income taxes because you have to understand how much of your money is being taken for taxes such as social security and also you can calculate how much you will get back for tax returns at the end of the year

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It is important to understand Income Taxes because as taxpayers, we file for a income tax return annually. It is important to know where the money goes towards for our government.

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It is important to understand income tax because it is an important source of income to the government in all countries. Tax rates can increase when the taxable income increases (you make more money = more of your paycheck goes to the government).

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I believe it is important to understand income tax because in certain states, it is required you pay. If you understand income tax, you can understand what that money that is going towards the government is funding.

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It is important to understand income tax so that way you know where your money is going to and they are good for gov. obligations and provide goods for citizens

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It is important to understand income tax because you want to understand where your money is going and how deductions and obligations work to helping you in the future.

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Its important to understand income tax because its a good source to know where your money is going, and its a good source of revenue of governments etc.

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It is important to understand income tax because they are a good source of revenue of governments, they fund public services, pay government obligations, and provide goods for citizens.

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I think it is very important to understand income taxes because you should know where some of your money is going towards and you'll get tax refund if you pay now

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it is important to understand income tax because it is the law to pay your income tax, also you can reduce your taxable income in ways. you can see how different your states laws are.