Tax Payments - Reasons Behind Them
"Tax is a sort of income of the government by means of charges enforced on merchandises
, services, general commodities and income of its citizens. It is primarily used to fund government establishments and projects aimed at developing a country, and other similar purposes.Without funding, a government would certainly be very hopeless in coping up with the different needs of a society. Taxes help the government to build roads, schools, hospital, fire stations and the such. Despite this, there are still many people who despise paying taxes and some even try to find ways to avoid paying them and are called tax evaders.
Many salaried workers who are earning less than those who are corporately rich complain that they are paying more tax, thus a large number of them work in underground economies, risking themselves of being arrested and punished by the law.
People become frustrated because of the fewer and costly public services which is worsened due to high taxes. This is even ignited with poor health care system and educational system.
What some people don't know or don't really care about is that the government uses tax to provide social security, public health benefits, public education, maintain public peace and order, funding for national defense, for paying government debt and for overseas aid.
Taxes are used to provide public services and goods. At the same time, the government also provides employment opportunities for its citizen. Public services like public schools, public hospital and police stations will definitely provide jobs to teachers, doctors, dentists and nurses, and to policemen.
Not only are taxes used for provision of public services and goods but it is also used to redistribute wealth to the unfortunate. Take a look at the social welfare system, for instance. The government provides financial aids to those in need and have certain benefits to help alleviate their sufferings.
It could also be used to manipulate the economy. Government usually imposes higher taxes rates on imported good and less tax rates on exported commodities to help local producers earn more. Taxes can also be used to control the quantity of product that might flood the market and cause terrible losses to local manufacturers.
Therefore, when you make your next tax payment, you don't need to feel frustrated and you don't need to resent the government for forcing you to do something that you don't want to. Think of what your money could do, not only to you but also to others as well.
by: Greg Pierce The Cause Many Individuals Buy Photo Voltaic Panels The Kindle Best Buy Prescription Is Also Needed When You Buy Color Contacts Buy Term Paper That Rocks How To Buy A Term Paper Which Hookah Should You Buy? What Type Of Lamp Should You Buy? Shopping Links Of London Jewelry Online The Online Shopping Is Getting Stronger Responses United Kingdom Best Payday Lenders Knowing Which Meat Grinders To Buy How Do I Train To Get A High Paying Job? Treadmill Buyers Guide