Current Events > Are taxes collected on April for last year or for the next year?

(+) Yeah! (+)

Say taxes are collected 04/15/2015. Is that all collected to pay for stuff that the country already spent between 04/16/2014 to 04/15/2015, or is it all collected to pay for stuff the country will spend between 04/16/2015 to 04/15/2016?

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Anyone know?

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